Overall unemployment rate moved down to 6.3% with the biggest shift in Business Services, which lost 2,800 roles, based on the most recently available information published in June 2021.
Total employment in the Sacramento--Roseville--Arden-Arcade, CA market rose by 8,073 jobs in May and the unemployment rate decreased compared to the prior month by 30 bps to 6.3%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Sacramento--Roseville--Arden-Arcade, CA unemployment rate is 80 bps above the national rate which is a negative sign.
- Unemployment in the market is 740 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 5.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Government: 239,100; +1,800
- Education & Healthcare: 166,300; +2,500
- Transportation & Utilities: 159,600; +400
- Business Services: 131,800; -2,800
- Restaurants & Hotels: 80,700; +400
- Construction, Mining: 76,700; +300
- Financial Services: 51,700; no change
- Manufacturing: 35,900; +700
- Other Jobs: 31,700; +200
- IT & Development: 9,700; no change
Data is based on the most recent 12 months available, through May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.