Overall unemployment rate moved up to 5.5% with the biggest shift in Transportation & Utilities, which gained 2,800 roles, based on the most recently available information published in January 2022.
Total employment in the Stockton-Lodi, CA market declined by 3,059 jobs in November and the unemployment rate increased compared to the prior month by 50 bps to 5.5%. The national unemployment rate decreased by 4 bps over the same time to 3.4%.
- Stockton-Lodi, CA unemployment rate is 214 bps above the national rate which is a negative sign.
- Unemployment in the market is 100 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 0.2% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.2% . Key sectors include:
- Transportation & Utilities: 85,400; +2,800
- Government: 43,900; +600
- Education & Healthcare: 41,400; +200
- Business Services: 24,700; -100
- Restaurants & Hotels: 22,700; -300
- Manufacturing: 21,800; -400
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.