Overall unemployment rate moved down to 6.7% with the biggest shift in Government, which gained 200 roles, based on the most recently available information published in December 2021.
Total employment in the Madera, CA market declined by 9 jobs in November and the unemployment rate decreased compared to the prior month by 60 bps to 6.7%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- Madera, CA unemployment rate is 281 bps above the national rate which is a negative sign.
- Unemployment in the market is 120 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 11.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs stayed flat. Key sectors include:
- Government: 10,800; +200
- Education & Healthcare: 8,900; +100
- Transportation & Utilities: 6,500; -100
- Restaurants & Hotels: 3,600; -200
- Manufacturing: 3,200; no change
- Business Services: 2,700; no change
- Construction, Mining: 2,100; no change
- Other Jobs: 1,000; no change
- Financial Services: 700; no change
- IT & Development: 200; no change
Data is based on the most recent 12 months available, through November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.