Overall unemployment rate moved down to 4.3% with the biggest shift in Government, which gained 400 roles, based on the most recently available information published in June 2022.
Total employment in the Stockton-Lodi, CA market rose by 6,704 jobs in May and the unemployment rate decreased compared to the prior month by 80 bps to 4.3%. The national unemployment rate increased by 4 bps over the same time to 3.4%.
- Stockton-Lodi, CA unemployment rate is 92 bps above the national rate which is a negative sign.
- Unemployment in the market is 440 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 6.2% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Transportation & Utilities: 79,500; +300
- Government: 43,000; +400
- Education & Healthcare: 39,000; -100
- Restaurants & Hotels: 23,800; no change
- Business Services: 23,100; no change
- Manufacturing: 21,400; +200
- Construction, Mining: 14,600; +200
- Financial Services: 7,900; no change
- Other Jobs: 7,600; +100
- IT & Development: 1,300; +100
Data is based on the most recent 12 months available, through May 2022 (Data published June 2022 and reports created on June 29, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.