Overall unemployment rate moved down to 9.5% with the biggest shift in Restaurants & Hotels, which gained 1,100 roles, based on the most recently available information published in April 2021.
Total employment in the Stockton-Lodi, CA market rose by 5,402 jobs in February and the unemployment rate decreased compared to the prior month by 50 bps to 9.5%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.
- Stockton-Lodi, CA unemployment rate is 295 bps above the national rate which is a negative sign.
- Unemployment in the market is 290 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in February versus prior month by 5.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.9% . Key sectors include:
- Transportation & Utilities: 75,800; -500
- Government: 42,200; +800
- Education & Healthcare: 37,500; +500
- Business Services: 21,800; no change
- Manufacturing: 20,800; +100
- Restaurants & Hotels: 17,200; +1,100
- Construction, Mining: 12,600; no change
- Financial Services: 7,900; no change
- Other Jobs: 6,400; +100
- IT & Development: 1,100; no change
Data is based on the most recent 12 months available, through February 2021 (Data published April 2021 and reports created on April 9, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.