Overall unemployment rate moved down to 4.5% with the biggest shift in Restaurants & Hotels, which gained 500 roles, based on the most recently available information published in June 2022.

Total employment in the Santa Cruz-Watsonville, CA market declined by 81 jobs in April and the unemployment rate decreased compared to the prior month by 80 bps to 4.5%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.

  • Santa Cruz-Watsonville, CA unemployment rate is 116 bps above the national rate which is a negative sign.
  • Unemployment in the market is 380 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 12.6% and are down compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Santa Cruz-Watsonville, CA Unemployment April 2022

For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:

  • Government: 22,500; +200
  • Education & Healthcare: 17,500; +100
  • Transportation & Utilities: 16,200; -300
  • Restaurants & Hotels: 12,800; +500
  • Business Services: 10,800; +100
  • Manufacturing: 7,600; no change
  • Construction, Mining: 4,900; no change
  • Other Jobs: 4,700; no change
  • Financial Services: 3,300; no change
  • IT & Development: 600; no change
Santa Cruz-Watsonville, CA Unemployment by Industry April 2022

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.