Overall unemployment rate moved down to 10.2% with the biggest shift in Construction, Mining, which gained 200 roles, based on the most recently available information published in June 2021.
Total employment in the Visalia-Porterville, CA market rose by 5,118 jobs in May and the unemployment rate decreased compared to the prior month by 80 bps to 10.2%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Visalia-Porterville, CA unemployment rate is 470 bps above the national rate which is a negative sign.
- Unemployment in the market is 630 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 4.8% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Government: 31,200; -100
- Transportation & Utilities: 27,000; -100
- Education & Healthcare: 17,400; +100
- Manufacturing: 12,400; no change
- Restaurants & Hotels: 10,700; +200
- Business Services: 10,400; +100
- Construction, Mining: 6,700; +200
- Financial Services: 3,700; no change
- Other Jobs: 3,000; no change
- IT & Development: 600; +100
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.