Overall unemployment rate moved down to 6.6% with the biggest shift in Construction, Mining, which gained 600 roles, based on the most recently available information published in April 2022.
Total employment in the Stockton-Lodi, CA market rose by 3,928 jobs in February and the unemployment rate decreased compared to the prior month by 70 bps to 6.6%. The national unemployment rate decreased by 28 bps over the same time to 4.1%.
- Stockton-Lodi, CA unemployment rate is 246 bps above the national rate which is a negative sign.
- Unemployment in the market is 290 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in February versus prior month by 9.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Transportation & Utilities: 79,700; +100
- Government: 42,500; +400
- Education & Healthcare: 39,000; -100
- Business Services: 22,900; no change
- Restaurants & Hotels: 22,400; -100
- Manufacturing: 21,000; +100
- Construction, Mining: 14,000; +600
- Financial Services: 8,000; no change
- Other Jobs: 7,400; +200
- IT & Development: 1,200; no change
Data is based on the most recent 12 months available, through February 2022 (Data published April 2022 and reports created on April 6, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.