Overall unemployment rate stayed flat at 4.4% with the biggest shift in Government, which gained 3,300 roles, based on the most recently available information published in May 2023.
Total employment in the Sacramento--Roseville--Arden-Arcade, CA market rose by 2,972 jobs in March and the unemployment rate stayed flat. The national unemployment rate decreased by 27 bps over the same time to 3.6%.
- Sacramento--Roseville--Arden-Arcade, CA unemployment rate is 78 bps above the national rate which is a negative sign.
- Unemployment in the market is 50 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in March versus prior month by 1.6% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs stayed flat. Key sectors include:
- Government: 254,100; +3,300
- Education & Healthcare: 183,300; no change
- Transportation & Utilities: 168,700; -1,100
- Business Services: 150,200; -300
- Restaurants & Hotels: 110,000; +500
- Construction, Mining: 70,200; -1,600
- Financial Services: 51,400; -600
- Manufacturing: 39,900; +200
- Other Jobs: 37,100; +200
- IT & Development: 10,300; -100
Data is based on the most recent 12 months available, through March 2023 (Data published May 2023 and reports created on May 9,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.