Overall unemployment rate moved down to 3.2% with the biggest shift in Education & Healthcare, which gained 1,800 roles, based on the most recently available information published in June 2022.
Total employment in the Sacramento--Roseville--Arden-Arcade, CA market declined by 6,921 jobs in April and the unemployment rate decreased compared to the prior month by 50 bps to 3.2%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- Sacramento--Roseville--Arden-Arcade, CA unemployment rate is 14 bps below the national rate which is a positive sign.
- Unemployment in the market is 400 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 6.9% 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:
- Government: 245,600; +1,000
- Education & Healthcare: 175,600; +1,800
- Transportation & Utilities: 168,600; -500
- Business Services: 141,000; +600
- Restaurants & Hotels: 104,100; +1,700
- Construction, Mining: 78,000; +1,100
- Financial Services: 52,500; +400
- Manufacturing: 37,900; no change
- Other Jobs: 35,300; +500
- IT & Development: 10,300; 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.