SACRAMENTO—ROSEVILLE—ARDEN-ARCADE METROPOLITAN …

State of California

March 11, 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)

Sacramento region total jobs drop 12,700 over the month; up 51,200 over the year

The unemployment rate in the Sacramento--Roseville--Arden-Arcade MSA was 5.0 percent in January 2022, up from a revised 4.3 percent in December 2021, and below the year-ago estimate of 8.0 percent. This compares with an unadjusted unemployment rate of 5.5 percent for California and 4.4 percent for the nation during the same period. The unemployment rate was 4.4 percent in El Dorado County, 3.7 percent in Placer County, 5.4 percent in Sacramento County, and 4.9 percent in Yolo County.

NOTE: Labor Force and Industry data contained in this release differ from previous information due to the U.S. Department of Labor's annual revision process.

Between December 2021 and January 2022, combined employment in the counties of El Dorado, Placer, Sacramento, and Yolo, decreased by 12,700 to total 1,025,900 jobs.

? Trade, transportation, and utilities registered the largest month-over decrease with a loss of 6,000 jobs, with nearly two-thirds of the decline in retail trade (down 3,800 jobs). Job reductions also occurred in transportation, warehousing, and utilities (down 1,900 jobs) and wholesale trade (down 300 jobs).

? Leisure and hospitality reported a drop of 2,000 jobs from December to January. Job losses were concentrated in accommodation and food services (down 2,100 jobs). Arts, entertainment, and recreation reported a slight gain of 100 jobs.

? Employment in professional and business services fell by 1,500 jobs. Administrative and support and waste services (down 1,200 jobs) was responsible for 80 percent of the decline.

? On the upside, employment gains occurred in other services (up 500 jobs) and education and health services (up 300 jobs).

Between January 2021 and January 2022, total jobs in the region increased by 51,200 or 5.3 percent.

? Leisure and hospitality led the region in year-over growth with the addition of 22,000 jobs. Accommodation and food services added 17,800 jobs. Arts, entertainment, and recreation picked up 4,200 jobs.

? Government reported a year-over increase of 7,500 jobs. Over half of the growth was in local government (up 4,100 jobs), while state government expanded by 3,400 jobs. Federal government remained unchanged.

? Additional year-over employment gains of two-thousand jobs or more occurred in the following sectors: education and health services (up 4,900 jobs), trade, transportation, # # # # #

utilities (up 4,400 jobs), other services (up 3,800 jobs), professional and business services (up 2,800 jobs), manufacturing (up 2,100 jobs), and construction (up 2,000 jobs).

# # # # #

State of California

March 11, 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 5.0 percent in January 2022, up from a revised 4.3 percent in December 2021, and below the year-ago estimate of 8.0 percent. This compares with an unadjusted unemployment rate of 5.5 percent for California and 4.4 percent for the nation during the same period. The unemployment rate was 4.4 percent in El Dorado County, 3.7 percent in Placer County, 5.4 percent in Sacramento County, and 4.9 percent in Yolo County.

Unemployment Rate Historical Trend (Historical data will be available later this month.)

9.0% 8.0% 7.0% 6.0% 5.0% 4.0%

Industry

Dec-2021 Revised

Jan-2022 Prelim

Change

Jan-2021

Jan-2022 Prelim

Change

Total, All Industries Total Farm Total Nonfarm

1,038,600 8,000

1,030,600

1,025,900 7,100

1,018,800

(12,700) (900)

(11,800)

974,700 6,900

967,800

1,025,900 7,100

1,018,800

51,200 200

51,000

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

73,300

700 72,600 37,900

173,100 10,300

52,900

72,700

700 72,000 37,700

(600)

0 (600) (200)

167,100 10,000

52,000

(6,000) (300)

(900)

70,600

600 70,000 35,600

72,700

700 72,000 37,700

2,100

100 2,000 2,100

162,700 9,600

51,000

167,100 10,000

52,000

4,400 400

1,000

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

137,700

170,300

99,400 32,200 243,500

136,200

170,600

97,400 32,700 242,400

(1,500)

300

(2,000) 500

(1,100)

133,400

165,700

75,400 28,900 234,900

136,200

170,600

97,400 32,700 242,400

2,800

4,900

22,000 3,800 7,500

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.

March 11, 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)

Jan 21

1,090,100 1,002,600

87,500 8.0% 9.2% 6.8%

Nov 21

1,106,400 1,054,700

51,600 4.7% 5.2% 3.9%

Dec 21 Revised 1,102,400 1,055,000

47,400 4.3% 4.8% 3.7%

Jan 22 Prelim 1,108,700 1,053,400

55,200 5.0% 5.5% 4.4%

Percent Change

Month Year

0.6%

1.7%

-0.2%

5.1%

16.5% -36.9%

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

974,700 6,900

967,800 732,900 106,200

70,600 600

70,000 14,400 48,600 13,400 20,500 10,200 35,600 22,600

4,500 13,000

4,800 861,600 626,700 162,700

25,900 15,200

9,200 99,900 14,100

8,800 20,800

5,400 5,600 3,700 20,800 36,900 9,600 2,200 2,900 51,000 34,500 10,700 5,700 2,500 20,400 16,500 13,600 133,400 58,700 10,300 13,500 61,200 58,300

1,039,900 7,800

1,032,100 787,200 113,700 75,600 700 74,900 14,400 52,000 14,600 21,200 11,100 38,100 23,600 4,600 14,500 5,500 918,400 673,500 170,800 26,300 15,400 9,500 105,200 14,800 9,100 20,400 6,000 6,900 4,100 22,500 39,300 10,200 2,100 2,700 52,000 34,200 10,500 5,300 2,500 20,300 17,800 14,700 138,100 59,100 10,800 13,400 65,600 62,300

1,038,600 8,000

1,030,600 787,100 111,200 73,300 700 72,600 14,500 49,400 13,600 20,200 10,700 37,900 23,500 4,500 14,400 5,500 919,400 675,900 173,100 26,400 15,500 9,600 106,000 14,700 9,100 20,300 6,100 7,200 4,100 22,900 40,700 10,300 2,100 2,700 52,900 35,100 10,700 5,400 2,600 20,900 17,800 14,700 137,700 59,500 10,800 13,200 65,000 61,700

1,025,900 7,100

1,018,800 776,400 110,400 72,700 700 72,000 14,700 48,700 13,100 20,000 10,400 37,700 23,500 4,500 14,200 5,500 908,400 666,000 167,100 26,100 15,600 9,300 102,200 14,500 8,600 19,900 6,100 6,600 4,000 21,200 38,800 10,000 2,100 2,600 52,000 34,700 10,700 5,400 2,600 20,700 17,300 14,300 136,200 59,400 10,700 13,000 63,800 60,500

-1.2% -11.3%

-1.1% -1.4% -0.7% -0.8% 0.0% -0.8% 1.4% -1.4% -3.7% -1.0% -2.8% -0.5% 0.0% 0.0% -1.4% 0.0% -1.2% -1.5% -3.5% -1.1% 0.6% -3.1% -3.6% -1.4% -5.5% -2.0% 0.0% -8.3% -2.4% -7.4% -4.7% -2.9% 0.0% -3.7% -1.7% -1.1% 0.0% 0.0% 0.0% -1.0% -2.8% -2.7% -1.1% -0.2% -0.9% -1.5% -1.8% -1.9%

5.3% 2.9% 5.3% 5.9% 4.0% 3.0% 16.7% 2.9% 2.1% 0.2% -2.2% -2.4% 2.0% 5.9% 4.0% 0.0% 9.2% 14.6% 5.4% 6.3% 2.7% 0.8% 2.6% 1.1% 2.3% 2.8% -2.3% -4.3% 13.0% 17.9% 8.1% 1.9% 5.1% 4.2% -4.5% -10.3% 2.0% 0.6% 0.0% -5.3% 4.0% 1.5% 4.8% 5.1% 2.1% 1.2% 3.9% -3.7% 4.2% 3.8%

March 11, 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

Jan 21

19,900 17,800 165,700 11,300 154,400 55,300 25,400 16,600 75,400 10,600 64,800

6,200 58,600 56,900 19,300 37,600 28,900 10,200 234,900 14,300

1,700 220,600 124,100

29,300 94,800 96,500 52,400 44,100 19,100

9,300 15,700

Nov 21

23,100 18,800 170,500 12,500 158,000 57,800 25,400 16,600 98,000 13,900 84,100

7,300 76,800 72,800 31,400 41,400 33,900 10,500 244,900 14,700

1,700 230,200 128,900

30,500 98,400 101,300 56,500 44,800 19,000

9,600 16,200

Dec 21 Revised

23,000 18,500 170,300 12,500 157,800 57,600 25,500 16,700 99,400 14,700 84,700

7,900 76,800 72,700 31,200 41,500 32,200 10,600 243,500 14,600

1,700 228,900 128,600

30,900 97,700 100,300 55,600 44,700 18,900

9,600 16,200

Jan 22 Prelim

22,200 18,200 170,600 12,400 158,200 57,800 25,500 16,600 97,400 14,800 82,600

7,700 74,900 70,900 30,600 40,300 32,700 10,500 242,400 14,300

1,700 228,100 127,500

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

9,500 15,900

Percent Change

Month Year

-3.5% 11.6%

-1.6%

2.2%

0.2%

3.0%

-0.8%

9.7%

0.3%

2.5%

0.3%

4.5%

0.0%

0.4%

-0.6%

0.0%

-2.0% 29.2%

0.7% 39.6%

-2.5% 27.5%

-2.5% 24.2%

-2.5% 27.8%

-2.5% 24.6%

-1.9% 58.5%

-2.9%

7.2%

1.6% 13.1%

-0.9%

2.9%

-0.5%

3.2%

-2.1%

0.0%

0.0%

0.0%

-0.3%

3.4%

-0.9%

2.7%

-2.9%

2.4%

-0.2%

2.8%

0.3%

4.2%

0.9%

7.1%

-0.4%

0.9%

1.1%

0.0%

-1.0%

2.2%

-1.9%

1.3%

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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