Overall unemployment rate moved down to 6.6% with the biggest shift in Transportation & Utilities, which gained 1,300 roles, based on the most recently available information published in December 2021.
Total employment in the Stockton-Lodi, CA market rose by 350 jobs in November and the unemployment rate decreased compared to the prior month by 70 bps to 6.6%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- Stockton-Lodi, CA unemployment rate is 271 bps above the national rate which is a negative sign.
- Unemployment in the market is 210 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 10.7% and are equal compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:
- Transportation & Utilities: 78,200; +1,300
- Government: 40,900; no change
- Education & Healthcare: 40,700; +500
- Business Services: 23,300; +700
- Manufacturing: 20,700; -400
- Restaurants & Hotels: 19,600; -100
- Construction, Mining: 14,300; -200
- Financial Services: 7,500; -300
- Other Jobs: 7,000; no change
- IT & Development: 1,200; no change
Data is based on the most recent 12 months available, through November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.