Overall unemployment rate moved down to 9.0% with the biggest shift in Government, which lost 3,200 roles, based on the most recently available information published in September 2021.
Total employment in the Stockton-Lodi, CA market rose by 870 jobs in July and the unemployment rate decreased compared to the prior month by 20 bps to 9.0%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Stockton-Lodi, CA unemployment rate is 334 bps above the national rate which is a negative sign.
- Unemployment in the market is 480 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in July 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 -0.9%. Key sectors include:
- Transportation & Utilities: 75,800; no change
- Education & Healthcare: 38,000; -800
- Government: 37,600; -3,200
- Manufacturing: 22,200; +1,000
- Business Services: 22,100; no change
- Restaurants & Hotels: 19,800; +600
- Construction, Mining: 14,000; +200
- Financial Services: 7,600; -100
- Other Jobs: 6,900; +100
- IT & Development: 1,100; no change
Data is based on the most recent 12 months available, through July 2021 (Data published September 2021 and reports created on September 1, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.