Overall unemployment rate moved up to 6.4% with the biggest shift in Transportation & Utilities, which gained 1,000 roles, based on the most recently available information published in July 2021.

Total employment in the Oxnard-Thousand Oaks-Ventura, CA market declined by 751 jobs in June and the unemployment rate increased compared to the prior month by 60 bps to 6.4%. The national unemployment rate increased by 60 bps over the same time to 6.1%.

  • Oxnard-Thousand Oaks-Ventura, CA unemployment rate is 31 bps above the national rate which is a negative sign.
  • Unemployment in the market is 550 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in June versus prior month by 4.5% and are down compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Oxnard-Thousand Oaks-Ventura, CA Unemployment June 2021

For key employment segments of the market, total jobs grew by 0.7% . Key sectors include:

  • Transportation & Utilities: 54,300; +1,000
  • Education & Healthcare: 49,400; no change
  • Government: 45,300; +200
  • Business Services: 43,100; +100
  • Restaurants & Hotels: 32,100; +600
  • Manufacturing: 26,300; +200
  • Construction, Mining: 17,500; no change
  • Financial Services: 15,500; -100
  • Other Jobs: 8,300; +100
  • IT & Development: 3,700; no change
Oxnard-Thousand Oaks-Ventura, CA Unemployment by Industry June 2021

Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.