State of California April 17, 2020 EMPLOYMENT …

State of California

April 15, 2022

EMPLOYMENT DEVELOPMENT DEPARTMENT Labor Market Information Division 2901 50th Street Sacramento, CA 95817

Contact: Cara Welch (916) 227-0298

SACRAMENTO--ROSEVILLE--ARDEN-ARCADE METROPOLITAN STATISTICAL AREA (MSA) (EL DORADO, PLACER, SACRAMENTO, AND YOLO COUNTIES)

Most major industry sectors posted month-over and year-over job growth

The unemployment rate in the Sacramento--Roseville--Arden-Arcade MSA was 3.7 percent in March 2022, down from a revised 4.4 percent in February 2022, and below the year-ago estimate of 7.6 percent. This compares with an unadjusted unemployment rate of 4.2 percent for California and 3.8 percent for the nation during the same period. The unemployment rate was 3.3 percent in El Dorado County, 2.8 percent in Placer County, 4.0 percent in Sacramento County, and 3.7 percent in Yolo County.

Between February 2022 and March 2022, combined employment in the counties of El Dorado, Placer, Sacramento, and Yolo increased by 9,600 to total 1,050,500 jobs.

? Employment in leisure and hospitality continued to increase from February to March, adding 2,300 jobs. Accommodation and food services (up 2,100 jobs) posted the largest gain for the industry. Arts, entertainment, and recreation picked up 200 jobs.

? Government added 1,900 jobs in March with job growth in local government (up 1,800 jobs) and state government (up 200 jobs). Meanwhile, federal government lost 100 jobs.

? Trade, transportation, and utilities reported a month-over increase of 1,200 jobs. Retail trade (up 1,100 jobs) was responsible for a majority of the growth, while wholesale trade picked up 300 jobs. These gains were partially offset by a decline in transportation, warehousing, and utilities (down 200 jobs), following a large increase in the previous month.

? Additional employment gains of 500 jobs or more occurred in professional and business services (up 1,000 jobs), construction (up 1,000 jobs), education and health services (up 700 jobs), other services (up 600 jobs), and farm (up 500 jobs).

Between March 2021 and March 2022, total jobs in the region increased by 53,100, or 5.3 percent.

? Leisure and hospitality continued to lead year-over gains for the region, adding 17,600 jobs. Accommodation and food services added 13,900 jobs. Arts, entertainment, and recreation picked up 3,700 jobs.

? Trade, transportation, and utilities employment rose by 7,300 jobs since last March. Employment gains were reported in transportation, warehousing, and utilities (up 3,400 jobs), retail trade (up 3,200 jobs), and wholesale trade (up 700 jobs).

? Government payrolls expanded by 6,600 jobs with job growth in local government (up 4,900 jobs) and state government (up 1,700 jobs).

# # # # #

State of California

April 15, 2022

EMPLOYMENT DEVELOPMENT DEPARTMENT

Labor Market Information Division

Cara Welch

2901 50th Street

916-227-0298

Sacramento, CA 95817

IMMEDIATE RELEASE

SACRAMENTO--ROSEVILLE--ARDEN-ARCADE METROPOLITAN STATISTICAL AREA (MSA)

(El Dorado, Placer, Sacramento, and Yolo Counties)

The unemployment rate in the Sacramento--Roseville--Arden-Arcade MSA was 3.7 percent in March 2022, down from a revised 4.4 percent in February 2022, and below the year-ago estimate of 7.6 percent. This compares with an unadjusted unemployment rate of 4.2 percent for California and 3.8 percent for the nation during the same period. The unemployment rate was 3.3 percent in El Dorado County, 2.8 percent in Placer County, 4.0 percent in Sacramento County, and 3.7 percent in Yolo County.

15.0% 13.0% 11.0%

9.0% 7.0% 5.0% 3.0%

Unemployment Rate Historical Trend

Industry

Feb-2022 Revised

Mar-2022 Prelim

Change

Mar-2021

Mar-2022 Prelim

Change

Total, All Industries Total Farm Total Nonfarm

1,040,900 7,600

1,033,300

1,050,500 8,100

1,042,400

9,600 500

9,100

997,400 8,000

989,400

1,050,500 8,100

1,042,400

53,100 100

53,000

Mining, Logging, and Construction Mining and Logging Construction Manufacturing Trade, Transportation & Utilities Information Financial Activities

75,700

700 75,000 37,700

76,700

700 76,000 37,900

167,900 10,200

51,900

169,100 10,200

52,100

1,000

0 1,000

200

1,200 0

200

71,900

600 71,300 36,600

76,700

700 76,000 37,900

4,800

100 4,700 1,300

161,800 9,800

51,500

169,100 10,200

52,100

7,300 400

600

Professional & Business Services Educational & Health Services Leisure & Hospitality Other Services Government

139,600

173,200

99,900 34,400 242,800

140,600

173,900

102,200 35,000

244,700

1,000

700

2,300 600

1,900

135,500

167,700

84,600 31,900 238,100

140,600

173,900

102,200 35,000

244,700

5,100

6,200

17,600 3,100 6,600

Notes: Data not adjusted for seasonality. Data may not add due to rounding Labor force data are revised month to month Additional data are available on line at labormarketinfo.edd.

April 15, 2022

Employment Development Department Labor Market Information Division (916) 262-2162

Sacramento--Roseville--Arden-Arcade MSA

(El Dorado, Placer, Sacramento, and Yolo Counties) Industry Employment & Labor Force March 2021 Benchmark

Data Not Seasonally Adjusted

Civilian Labor Force (1) Civilian Employment Civilian Unemployment

Civilian Unemployment Rate (CA Unemployment Rate) (U.S. Unemployment Rate)

Mar 21

1,097,100 1,014,200

82,900 7.6% 8.6% 6.2%

Jan 22

1,110,300 1,054,800

55,500 5.0% 5.5% 4.4%

Feb 22 Revised 1,122,500 1,073,500

49,000 4.4% 4.9% 4.1%

Mar 22 Prelim 1,130,200 1,088,200

41,900 3.7% 4.2% 3.8%

Percent Change

Month Year

0.7%

3.0%

1.4%

7.3%

-14.5% -49.5%

Total, All Industries (2) Total Farm Total Nonfarm Total Private Goods Producing Mining, Logging, and Construction Mining and Logging Construction Construction of Buildings Specialty Trade Contractors Building Foundation & Exterior Contractors Building Equipment Contractors Building Finishing Contractors Manufacturing Durable Goods Computer & Electronic Product Manufacturing Nondurable Goods Food Manufacturing Service Providing Private Service Providing Trade, Transportation & Utilities Wholesale Trade Merchant Wholesalers, Durable Goods Merchant Wholesalers, Nondurable Goods Retail Trade Motor Vehicle & Parts Dealer Building Material & Garden Equipment Stores Grocery Stores Health & Personal Care Stores Clothing & Clothing Accessories Stores Sporting Goods, Hobby, Book & Music Stores General Merchandise Stores Transportation, Warehousing & Utilities Information Publishing Industries (except Internet) Telecommunications Financial Activities Finance & Insurance Credit Intermediation & Related Activities Depository Credit Intermediation Nondepository Credit Intermediation Insurance Carriers & Related Real Estate & Rental & Leasing Real Estate Professional & Business Services Professional, Scientific & Technical Services Architectural, Engineering & Related Services Management of Companies & Enterprises Administrative & Support & Waste Services Administrative & Support Services

997,400 8,000

989,400 751,300 108,500

71,900 600

71,300 14,500 49,600 13,900 20,500 10,500 36,600 22,800

4,500 13,800

5,200 880,900 642,800 161,800

26,100 15,400

9,300 99,400 14,300

9,400 20,800

5,300 5,400 3,500 20,000 36,300 9,800 2,200 2,900 51,500 34,800 10,800 5,600 2,600 20,600 16,700 13,700 135,500 59,500 10,200 13,600 62,400 59,400

1,026,900 7,100

1,019,800 777,300 110,700 73,200 700 72,500 15,000 48,800 13,300 19,800 10,500 37,500 23,400 4,400 14,100 5,400 909,100 666,600 166,500 26,200 15,500 9,500 101,500 14,500 8,600 19,600 6,100 6,500 3,900 21,000 38,800 10,200 2,100 2,700 52,000 34,500 10,600 5,400 2,600 20,500 17,500 14,500 136,600 59,400 10,700 13,000 64,200 60,900

1,040,900 7,600

1,033,300 790,500 113,400 75,700 700 75,000 15,900 50,100 13,800 20,400 10,800 37,700 23,500 4,400 14,200 5,400 919,900 677,100 167,900 26,500 15,700 9,500 101,500 14,600 8,800 19,700 6,000 6,300 3,800 20,800 39,900 10,200 2,100 2,700 51,900 34,500 10,500 5,400 2,600 20,600 17,400 14,400 139,600 60,400 10,900 13,200 66,000 62,700

1,050,500 8,100

1,042,400 797,700 114,600 76,700 700 76,000 16,200 50,800 14,000 20,500 10,900 37,900 23,600 4,400 14,300 5,400 927,800 683,100 169,100 26,800 15,900 9,600 102,600 14,800 9,100 19,900 6,000 6,400 3,900 20,600 39,700 10,200 2,100 2,700 52,100 34,700 10,500 5,400 2,600 20,600 17,400 14,300 140,600 60,900 10,900 13,400 66,300 62,900

0.9% 6.6% 0.9% 0.9% 1.1% 1.3% 0.0% 1.3% 1.9% 1.4% 1.4% 0.5% 0.9% 0.5% 0.4% 0.0% 0.7% 0.0% 0.9% 0.9% 0.7% 1.1% 1.3% 1.1% 1.1% 1.4% 3.4% 1.0% 0.0% 1.6% 2.6% -1.0% -0.5% 0.0% 0.0% 0.0% 0.4% 0.6% 0.0% 0.0% 0.0% 0.0% 0.0% -0.7% 0.7% 0.8% 0.0% 1.5% 0.5% 0.3%

5.3% 1.3% 5.4% 6.2% 5.6% 6.7% 16.7% 6.6% 11.7% 2.4% 0.7% 0.0% 3.8% 3.6% 3.5% -2.2% 3.6% 3.8% 5.3% 6.3% 4.5% 2.7% 3.2% 3.2% 3.2% 3.5% -3.2% -4.3% 13.2% 18.5% 11.4% 3.0% 9.4% 4.1% -4.5% -6.9% 1.2% -0.3% -2.8% -3.6% 0.0% 0.0% 4.2% 4.4% 3.8% 2.4% 6.9% -1.5% 6.3% 5.9%

April 15, 2022 Employment Development Department Labor Market Information Division (916) 262-2162

Data Not Seasonally Adjusted

Employment Services Services to Buildings & Dwellings Educational & Health Services Education Services Health Care & Social Assistance Ambulatory Health Care Services Hospitals Nursing & Residential Care Facilities Leisure & Hospitality Arts, Entertainment & Recreation Accommodation & Food Services Accommodation Food Services & Drinking Places Restaurants Full-Service Restaurants Limited-Service Eating Places Other Services Repair & Maintenance Government Federal Government Department of Defense State & Local Government State Government State Government Education State Government Excluding Education Local Government Local Government Education Local Government Excluding Education County City Special Districts plus Indian Tribes

Sacramento--Roseville--Arden-Arcade MSA

(El Dorado, Placer, Sacramento, and Yolo Counties) Industry Employment & Labor Force March 2021 Benchmark

Mar 21

20,600 18,100 167,700 11,900 155,800 56,000 25,700 16,700 84,600 11,900 72,700

6,400 66,300 63,800 24,800 39,000 31,900 10,400 238,100 14,300

1,700 223,800 126,200

30,400 95,800 97,600 53,100 44,500 19,200

9,400 15,900

Jan 22

22,300 18,600 170,500 12,300 158,200 57,900 25,500 16,600 98,100 15,000 83,100

7,700 75,400 71,400 30,800 40,600 32,700 10,500 242,500 14,300

1,700 228,200 127,600

30,100 97,500 100,600 56,100 44,500 19,000

9,500 16,000

Feb 22 Revised

23,100 19,100 173,200 12,700 160,500 59,200 25,900 17,000 99,900 15,400 84,500

7,800 76,700 72,700 30,700 42,000 34,400 10,900 242,800 14,400

1,700 228,400 127,700

29,900 97,800 100,700 56,000 44,700 19,200

9,500 16,000

Mar 22 Prelim

23,100 19,200 173,900 12,700 161,200 59,900 26,000 17,000 102,200 15,600 86,600

8,000 78,600 74,600 31,900 42,700 35,000 11,000 244,700 14,300

1,700 230,400 127,900

30,200 97,700 102,500 57,400 45,100 19,200

9,700 16,200

Percent Change

Month Year

0.0% 12.1%

0.5%

6.1%

0.4%

3.7%

0.0%

6.7%

0.4%

3.5%

1.2%

7.0%

0.4%

1.2%

0.0%

1.8%

2.3% 20.8%

1.3% 31.1%

2.5% 19.1%

2.6% 25.0%

2.5% 18.6%

2.6% 16.9%

3.9% 28.6%

1.7%

9.5%

1.7%

9.7%

0.9%

5.8%

0.8%

2.8%

-0.7%

0.0%

0.0%

0.0%

0.9%

2.9%

0.2%

1.3%

1.0% -0.7%

-0.1%

2.0%

1.8%

5.0%

2.5%

8.1%

0.9%

1.3%

0.0%

0.0%

2.1%

3.2%

1.3%

1.9%

Notes:

(1) Civilian labor force data are by place of residence; include self-employed individuals, unpaid family workers, household domestic workers, & workers on strike. Data may not add due to rounding. The unemployment rate is calculated using unrounded data.

(2) Industry employment is by place of work; excludes self-employed individuals, unpaid family workers, household domestic workers, & workers on strike. Data may not add due to rounding.

These data are produced by the Labor Market Information Division of the California Employment Development Department (EDD). Questions should be directed to: Cara Welch 916-227-0298 or Sheila Stock 916-651-5914

These data, as well as other labor market data, are available via the Internet at . If you need assistance, please call (916) 262-2162.

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