Overall unemployment rate moved down to 5.0% with the biggest shift in Restaurants & Hotels, which gained 600 roles, based on the most recently available information published in June 2022.
Total employment in the Stockton-Lodi, CA market declined by 2,928 jobs in April and the unemployment rate decreased compared to the prior month by 70 bps to 5.0%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- Stockton-Lodi, CA unemployment rate is 166 bps above the national rate which is a negative sign.
- Unemployment in the market is 470 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 9.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs stayed flat. Key sectors include:
- Transportation & Utilities: 79,300; -200
- Government: 42,500; -100
- Education & Healthcare: 39,300; -200
- Restaurants & Hotels: 23,700; +600
- Business Services: 23,100; -200
- Manufacturing: 21,000; -200
- Construction, Mining: 14,400; +200
- Financial Services: 7,900; no change
- Other Jobs: 7,600; +200
- IT & Development: 1,200; 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.