Overall unemployment rate moved down to 7.7% with the biggest shift in Restaurants & Hotels, which gained 600 roles, based on the most recently available information published in June 2021.
Total employment in the Santa Cruz-Watsonville, CA market rose by 192 jobs in April and the unemployment rate decreased compared to the prior month by 50 bps to 7.7%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Santa Cruz-Watsonville, CA unemployment rate is 195 bps above the national rate which is a negative sign.
- Unemployment in the market is 990 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in April versus prior month by -4.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.2% . Key sectors include:
- Government: 19,400; +200
- Education & Healthcare: 16,700; +100
- Transportation & Utilities: 16,100; -200
- Business Services: 10,600; +100
- Restaurants & Hotels: 8,900; +600
- Manufacturing: 7,000; no change
- Other Jobs: 4,500; +100
- Construction, Mining: 4,400; +100
- Financial Services: 3,100; no change
- IT & Development: 600; +100
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.