Overall unemployment rate moved down to 7.5% with the biggest shift in Restaurants & Hotels, which gained 100 roles, based on the most recently available information published in April 2022.

Total employment in the Hanford-Corcoran, CA market declined by 68 jobs in March and the unemployment rate decreased compared to the prior month by 100 bps to 7.5%. The national unemployment rate decreased by 39 bps over the same time to 3.8%.

  • Hanford-Corcoran, CA unemployment rate is 375 bps above the national rate which is a negative sign.
  • Unemployment in the market is 420 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in March versus prior month by 3.8% 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 March 2022

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

  • Government: 14,400; no change
  • Transportation & Utilities: 7,100; no change
  • Education & Healthcare: 6,600; no change
  • Manufacturing: 4,400; no change
  • Restaurants & Hotels: 4,400; +100
  • Business Services: 1,300; no change
  • Construction, Mining: 1,000; no change
  • Financial Services: 900; no change
  • Other Jobs: 800; +100
  • IT & Development: 100; no change
Hanford-Corcoran, CA Unemployment by Industry March 2022

Data is based on the most recent 12 months available, through March 2022 (Data published April 2022 and reports created on April 27, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.