Overall unemployment rate moved up to 6.3% with the biggest shift in Government, which gained 400 roles, based on the most recently available information published in September 2022.

Total employment in the Hanford-Corcoran, CA market rose by 87 jobs in August and the unemployment rate increased compared to the prior month by 10 bps to 6.3%. The national unemployment rate stayed flat over the same time period at 3.8%.

  • Hanford-Corcoran, CA unemployment rate is 251 bps above the national rate which is a negative sign.
  • Unemployment in the market is 270 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in August versus prior month by 8.6% and are down compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Hanford-Corcoran, CA Unemployment August 2022

For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:

  • Government: 14,400; +400
  • Transportation & Utilities: 6,900; -100
  • Education & Healthcare: 6,700; no change
  • Manufacturing: 4,600; no change
  • Restaurants & Hotels: 4,500; no change
  • Business Services: 1,300; no change
  • Construction, Mining: 1,000; -100
  • Financial Services: 900; no change
  • Other Jobs: 800; no change
  • IT & Development: 100; no change
Hanford-Corcoran, CA Unemployment by Industry August 2022

Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.