Overall unemployment rate moved down to 5.1% with the biggest shift in Construction, Mining, which lost 3,200 roles, based on the most recently available information published in February 2022.
Total employment in the Riverside-San Bernardino-Ontario, CA market rose by 4,843 jobs in December and the unemployment rate decreased compared to the prior month by 30 bps to 5.1%. The national unemployment rate decreased by 20 bps over the same time to 3.7%.
- Riverside-San Bernardino-Ontario, CA unemployment rate is 141 bps above the national rate which is a negative sign.
- Unemployment in the market is 360 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in December versus prior month by 7.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.1% . Key sectors include:
- Transportation & Utilities: 457,100; +2,900
- Education & Healthcare: 262,200; -100
- Government: 244,600; -200
- Business Services: 162,000; +500
- Restaurants & Hotels: 154,300; +2,000
- Construction, Mining: 107,600; -3,200
- Manufacturing: 94,800; +900
- Other Jobs: 43,700; -800
- Financial Services: 43,600; +300
- IT & Development: 9,300; no change
Data is based on the most recent 12 months available, through December 2021 (Data published February 2022 and reports created on February 4, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.