Overall unemployment rate moved down to 3.8% with the biggest shift in Business Services, which gained 3,300 roles, based on the most recently available information published in June 2022.
Total employment in the Riverside-San Bernardino-Ontario, CA market declined by 14,594 jobs in April and the unemployment rate decreased compared to the prior month by 50 bps to 3.8%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- Riverside-San Bernardino-Ontario, CA unemployment rate is 46 bps above the national rate which is a negative sign.
- Unemployment in the market is 440 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 3.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:
- Transportation & Utilities: 462,300; -2,800
- Education & Healthcare: 262,500; +2,500
- Government: 255,700; +1,800
- Restaurants & Hotels: 179,600; +3,300
- Business Services: 173,000; +3,300
- Construction, Mining: 111,200; +1,300
- Manufacturing: 97,700; +500
- Financial Services: 46,800; +200
- Other Jobs: 45,600; no change
- IT & Development: 9,900; no change
Data is based on the most recent 12 months available, through April 2022 (Data published June 2022 and reports created on June 1, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.