Overall unemployment rate moved down to 11.3% with the biggest shift in Transportation & Utilities, which lost 900 roles, based on the most recently available information published in March 2021.
Total employment in the Visalia-Porterville, CA market rose by 1,459 jobs in January and the unemployment rate decreased compared to the prior month by 50 bps to 11.3%. The national unemployment rate increased by 31 bps over the same time to 6.8%.
- Visalia-Porterville, CA unemployment rate is 449 bps above the national rate which is a negative sign.
- Unemployment in the market is 30 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 1.4% and are equal compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.3%. Key sectors include:
- Government: 30,500; -200
- Transportation & Utilities: 27,000; -900
- Education & Healthcare: 18,000; +100
- Manufacturing: 12,400; no change
- Business Services: 9,900; no change
- Restaurants & Hotels: 8,500; -500
- Construction, Mining: 6,200; -100
- Financial Services: 3,700; no change
- Other Jobs: 2,800; no change
- IT & Development: 500; 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.