Overall unemployment rate moved down to 8.5% with the biggest shift in Government, which gained 2,600 roles, based on the most recently available information published in September 2021.
Total employment in the Stockton-Lodi, CA market rose by 3,501 jobs in August and the unemployment rate decreased compared to the prior month by 50 bps to 8.5%. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- Stockton-Lodi, CA unemployment rate is 321 bps above the national rate which is a negative sign.
- Unemployment in the market is 370 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in August versus prior month by 10.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 2.4% . Key sectors include:
- Transportation & Utilities: 77,000; +700
- Government: 40,100; +2,600
- Education & Healthcare: 38,900; +1,100
- Manufacturing: 22,700; +500
- Business Services: 22,400; +400
- Restaurants & Hotels: 19,600; +200
- Construction, Mining: 14,200; +200
- Financial Services: 7,800; +100
- Other Jobs: 7,000; +100
- IT & Development: 1,100; no change
Data is based on the most recent 12 months available, through August 2021 (Data published September 2021 and reports created on September 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.