Overall unemployment rate stayed flat at 5.1% with the biggest shift in Restaurants & Hotels, which gained 5,200 roles, based on the most recently available information published in June 2021.
Total employment in the San Jose-Sunnyvale-Santa Clara, CA market declined by 6,221 jobs in April and the unemployment rate stayed flat. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- San Jose-Sunnyvale-Santa Clara, CA unemployment rate is 65 bps below the national rate which is a positive sign.
- Unemployment in the market is 730 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 0.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.9% . Key sectors include:
- Business Services: 240,200; +1,000
- Education & Healthcare: 173,400; +1,000
- Manufacturing: 168,700; -200
- Transportation & Utilities: 117,800; +300
- IT & Development: 107,600; +100
- Government: 92,600; +700
- Restaurants & Hotels: 67,500; +5,200
- Construction, Mining: 49,200; -500
- Financial Services: 37,500; no change
- Other Jobs: 24,700; +2,200
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.