Overall unemployment rate moved down to 10.0% with the biggest shift in Transportation & Utilities, which lost 2,600 roles, based on the most recently available information published in March 2021.
Total employment in the Stockton-Lodi, CA market rose by 6,345 jobs in January and the unemployment rate decreased compared to the prior month by 60 bps to 10.0%. The national unemployment rate increased by 31 bps over the same time to 6.8%.
- Stockton-Lodi, CA unemployment rate is 319 bps above the national rate which is a negative sign.
- Unemployment in the market is 330 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in January versus prior month by 7.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -2.3%. Key sectors include:
- Transportation & Utilities: 76,500; -2,600
- Government: 41,800; -400
- Education & Healthcare: 36,900; -800
- Business Services: 22,000; -300
- Manufacturing: 20,600; -400
- Restaurants & Hotels: 16,200; -1,000
- Construction, Mining: 12,600; -400
- Financial Services: 7,900; +100
- Other Jobs: 6,300; no change
- IT & Development: 1,100; no change
Data is based on the most recent 12 months available, through January 2021 (Data published March 2021 and reports created on March 25, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.