Overall unemployment rate moved up to 3.2% with the biggest shift in Government, which gained 900 roles, based on the most recently available information published in January 2022.
Total employment in the Santa Maria-Santa Barbara, CA market declined by 2,638 jobs in November and the unemployment rate increased compared to the prior month by 40 bps to 3.2%. The national unemployment rate decreased by 4 bps over the same time to 3.4%.
- Santa Maria-Santa Barbara, CA unemployment rate is 16 bps below the national rate which is a positive sign.
- Unemployment in the market is 70 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 6.4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.8% . Key sectors include:
- Government: 39,000; +900
- Business Services: 35,300; +200
- Education & Healthcare: 30,300; +200
- Restaurants & Hotels: 29,000; -500
- Transportation & Utilities: 27,800; +500
Data is based on the most recent 12 months available, through November 2022 (Data published January 2022 and reports created on January 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.