Overall unemployment rate moved down to 8.3% with the biggest shift in Education & Healthcare, which gained 700 roles, based on the most recently available information published in June 2021.
Total employment in the Stockton-Lodi, CA market rose by 7,388 jobs in May and the unemployment rate decreased compared to the prior month by 60 bps to 8.3%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Stockton-Lodi, CA unemployment rate is 280 bps above the national rate which is a negative sign.
- Unemployment in the market is 750 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 6% 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: 75,500; no change
- Government: 41,600; +100
- Education & Healthcare: 39,700; +700
- Business Services: 22,400; no change
- Manufacturing: 21,600; +600
- Restaurants & Hotels: 18,600; +600
- Construction, Mining: 13,800; +300
- Financial Services: 7,800; -100
- Other Jobs: 6,700; +100
- IT & Development: 1,100; no change
Data is based on the most recent 12 months available, through May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.