Overall unemployment rate moved up to 5.0% with the biggest shift in Education & Healthcare, which lost 1,200 roles, based on the most recently available information published in August 2022.
Total employment in the Stockton-Lodi, CA market declined by 6,927 jobs in June and the unemployment rate increased compared to the prior month by 70 bps to 5.0%. The national unemployment rate increased by 46 bps over the same time to 3.8%.
- Stockton-Lodi, CA unemployment rate is 116 bps above the national rate which is a negative sign.
- Unemployment in the market is 460 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 5% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.2%. Key sectors include:
- Transportation & Utilities: 79,800; +500
- Government: 44,500; -400
- Education & Healthcare: 38,500; -1,200
- Business Services: 23,600; +200
- Restaurants & Hotels: 23,400; -200
- Manufacturing: 21,800; +400
- Construction, Mining: 14,800; +200
- Financial Services: 7,900; no change
- Other Jobs: 7,500; no change
- IT & Development: 1,200; no change
Data is based on the most recent 12 months available, through June 2022 (Data published August 2022 and reports created on August 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.