Overall unemployment rate moved down to 5.2% with the biggest shift in Government, which gained 400 roles, based on the most recently available information published in April 2022.

Total employment in the Santa Cruz-Watsonville, CA market rose by 1,787 jobs in March and the unemployment rate decreased compared to the prior month by 90 bps to 5.2%. The national unemployment rate decreased by 39 bps over the same time to 3.8%.

  • Santa Cruz-Watsonville, CA unemployment rate is 145 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 March versus prior month by 12% 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 March 2022

For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:

  • Government: 22,300; +400
  • Education & Healthcare: 17,300; no change
  • Transportation & Utilities: 16,500; +200
  • Restaurants & Hotels: 12,100; +200
  • Business Services: 10,700; no change
  • Manufacturing: 7,600; +100
  • Construction, Mining: 4,900; +100
  • Other Jobs: 4,700; +100
  • Financial Services: 3,300; no change
  • IT & Development: 600; no change
Santa Cruz-Watsonville, 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.