State of California January 24, 2020 EMPLOYMENT ...

State of California

October 22, 2021

EMPLOYMENT DEVELOPMENT DEPARTMENT Labor Market Information Division 745 Franklin Street San Francisco, CA 94102

Contact: Amanda Ha (415) 747-2002

SAN JOSE-SUNNYVALE-SANTA CLARA METROPOLITAN STATISTICAL AREA (MSA) (SAN BENITO AND SANTA CLARA COUNTIES)

Total industry payrolls up 5,200 over the month and up 47,400 over the year The unemployment rate in the San Jose-Sunnyvale-Santa Clara MSA was 4.0 percent in September 2021, down from a revised 4.8 percent in August 2021, and below the year-ago estimate of 7.5 percent. This compares with an unadjusted unemployment rate of 6.4 percent for California and 4.6 percent for the nation during the same period. The unemployment rate was 6.0 percent in San Benito County, and 3.9 percent in Santa Clara County.

Between August 2021 and September 2021, total employment in the San Jose-SunnyvaleSanta Clara MSA, which also includes San Benito County, increased by 5,200 jobs to reach 1,110,100 jobs.

? Government (up 2,300 jobs) witnessed the largest month-over gains among the major industries. Local and state government educational services were responsible for all of the increase, due to the end of summer vacation.

? Leisure and hospitality and professional business services recorded equal payroll gains of 1,800 jobs over the month.

? Manufacturing (up 700 jobs) and construction (up 600 jobs) improved.

? In comparison, trade, transportation, and utilities lost 600 jobs. Losses in wholesale and retail trade (down 900 jobs) outweighed advances in transportation, warehousing, and utilities (up 300 jobs).

Between September 2020 and September 2021, combined employment in the South Bay counties of San Benito and Santa Clara, rose by 47,400 jobs, or 4.5 percent.

? Leisure and hospitality grew by 17,900 jobs or 29.1 percent.

? Professional and business services increased payrolls by 11,100 jobs. Three-fourths of the gain was due to professional, scientific, and technical services (up 8,400 jobs).

? Private educational and health services (up 6,000 jobs), manufacturing (up 5,600 jobs), and information (up 4,400 jobs) expanded employment.

? Government (down 2,900 jobs) posted the greatest year-over job loss among the major industries. Decreases in federal government (down 1,200 jobs) and local government (down 1,900 jobs) counterbalanced the growth in state government (up 200 jobs).

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State of California

October 22, 2021

EMPLOYMENT DEVELOPMENT DEPARTMENT

Labor Market Information Division

Amanda Ha

745 Franklin Street

415-749-2002

San Francisco, CA 94102

IMMEDIATE RELEASE

SAN JOSE-SUNNYVALE-SANTA CLARA METROPOLITAN STATISTICAL AREA (MSA)

(San Benito and Santa Clara Counties)

The unemployment rate in the San Jose-Sunnyvale-Santa Clara MSA was 4.0 percent in September 2021, down from a revised 4.8 percent in August 2021, and below the year-ago estimate of 7.5 percent. This compares with an unadjusted unemployment rate of 6.4 percent for California and 4.6 percent for the nation during the same period. The unemployment rate was 6.0 percent in San Benito County, and 3.9 percent in Santa Clara County.

14.0% 12.0% 10.0%

8.0% 6.0% 4.0% 2.0%

Unemployment Rate Historical Trend

Industry

Aug-2021 Sep-2021

Revised

Prelim

Change

Sep-2020

Sep-2021 Prelim

Change

Total, All Industries Total Farm Total Nonfarm

1,104,900 5,800

1,099,100

1,110,100 6,000

1,104,100

5,200 200

5,000

1,062,700 5,600

1,057,100

1,110,100 6,000

1,104,100

47,400 400

47,000

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

50,600

200 50,400 173,400

51,200

200 51,000 174,100

119,100 110,600

37,500

118,500 110,300

37,100

600

0 600 700

(600) (300)

(400)

52,100

200 51,900 168,500

51,200

200 51,000 174,100

(900)

0 (900) 5,600

116,200 105,900

37,500

118,500 110,300

37,100

2,300 4,400

(400)

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

244,200

173,800

77,600 25,300 87,000

246,000

173,300

79,400 24,900 89,300

1,800

(500)

1,800 (400) 2,300

234,900

167,300

61,500 21,000 92,200

246,000

173,300

79,400 24,900 89,300

11,100

6,000

17,900 3,900 (2,900)

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.

October 22, 2021

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

San Jose Sunnyvale Santa Clara MSA

(San Benito and Santa Clara Counties) Industry Employment & Labor Force March 2020 Benchmark

Data Not Seasonally Adjusted

Civilian Labor Force (1) Civilian Employment Civilian Unemployment

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

Sep 20

1,030,700 953,900 76,800 7.5% 10.5% 7.7%

Jul 21

1,060,100 1,007,000

53,000 5.0% 7.9% 5.7%

Aug 21 Revised 1,055,700 1,004,900

50,800 4.8% 7.5% 5.3%

Sep 21 Prelim 1,058,700 1,016,500

42,200 4.0% 6.4% 4.6%

Percent Change

Month Year

0.3%

2.7%

1.2%

6.6%

-16.9% -45.1%

Total, All Industries (2) Total Farm Total Nonfarm Total Private Goods Producing Mining, Logging, and Construction Mining and Logging Construction Specialty Trade Contractors Building Equipment Contractors Manufacturing Durable Goods Machinery Manufacturing Computer & Electronic Product Manufacturing Computer & Peripheral Equipment Manufactu Electronic Computer Manufacturing Semiconductor & Electronic Component Mfg Bare Printed Circuit Board Manufacturing Semiconductor & Related Devices Manufact Electronic Instrument Manufacturing Transportation Equipment Manufacturing Aerospace Product & Parts Manufacturing Nondurable Goods Service Providing Private Service Providing Trade, Transportation & Utilities Wholesale Trade Merchant Wholesalers, Durable Goods Retail Trade Electronics & Appliance Stores Building Material & Garden Equipment Stores Food & Beverage Stores Health & Personal Care Stores Clothing & Clothing Accessories Stores General Merchandise Stores Transportation, Warehousing & Utilities Transportation & Warehousing Couriers & Messengers Information Publishing Industries (except Internet) Telecommunications Financial Activities Finance & Insurance Credit Intermediation & Related Activities Real Estate & Rental & Leasing Real Estate Professional & Business Services Professional, Scientific & Technical Services Architectural, Engineering & Related Services Computer Systems Design & Related Services

1,062,700 5,600

1,057,100 964,900 220,600 52,100 200 51,900 37,800 17,800 168,500 156,700 11,000 119,700 57,600 55,200 38,600 3,500 27,200 16,000 5,600 4,400 11,800 836,500 744,300 116,200 28,500 20,400 72,100 3,600 5,600 17,600 4,300 7,300 12,500 15,600 13,900 6,000 105,900 37,600 4,800 37,500 22,900 13,500 14,600 12,700 234,900 161,600 18,100 86,700

1,097,800 6,100

1,091,700 1,006,000

221,400 50,000 200 49,800 36,100 17,500

171,400 160,100

11,100 121,500

58,600 56,500 38,300

3,500 26,800 16,100

5,500 4,300 11,300 870,300 784,600 118,300 28,700 21,500 72,900 3,500 5,700 16,700 4,300 8,300 12,500 16,700 14,900 6,200 110,100 38,300 4,700 37,300 22,600 13,400 14,700 12,900 244,300 168,600 19,500 90,800

1,104,900 5,800

1,099,100 1,012,100

224,000 50,600 200 50,400 37,000 17,800

173,400 161,600

11,100 122,300

58,900 56,800 38,700

3,400 26,700 16,100

5,400 4,300 11,800 875,100 788,100 119,100 28,900 21,800 72,800 3,600 5,800 16,700 4,200 8,300 12,400 17,400 15,500 6,400 110,600 37,900 4,700 37,500 22,700 13,300 14,800 12,900 244,200 169,400 19,600 90,900

1,110,100 6,000

1,104,100 1,014,800

225,300 51,200 200 51,000 37,800 17,800

174,100 162,300

11,100 122,500

59,300 57,200 38,500

3,400 26,500 16,200

5,300 4,200 11,800 878,800 789,500 118,500 28,200 21,100 72,600 3,600 5,700 16,700 4,300 8,200 12,600 17,700 15,800 6,500 110,300 37,600 4,700 37,100 22,500 13,000 14,600 12,700 246,000 170,000 19,800 91,200

0.5% 3.4% 0.5% 0.3% 0.6% 1.2% 0.0% 1.2% 2.2% 0.0% 0.4% 0.4% 0.0% 0.2% 0.7% 0.7% -0.5% 0.0% -0.7% 0.6% -1.9% -2.3% 0.0% 0.4% 0.2% -0.5% -2.4% -3.2% -0.3% 0.0% -1.7% 0.0% 2.4% -1.2% 1.6% 1.7% 1.9% 1.6% -0.3% -0.8% 0.0% -1.1% -0.9% -2.3% -1.4% -1.6% 0.7% 0.4% 1.0% 0.3%

4.5% 7.1% 4.4% 5.2% 2.1% -1.7% 0.0% -1.7% 0.0% 0.0% 3.3% 3.6% 0.9% 2.3% 3.0% 3.6% -0.3% -2.9% -2.6% 1.3% -5.4% -4.5% 0.0% 5.1% 6.1% 2.0% -1.1% 3.4% 0.7% 0.0% 1.8% -5.1% 0.0% 12.3% 0.8% 13.5% 13.7% 8.3% 4.2% 0.0% -2.1% -1.1% -1.7% -3.7% 0.0% 0.0% 4.7% 5.2% 9.4% 5.2%

October 22, 2021

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

Data Not Seasonally Adjusted

Scientific Research & Development Services Management of Companies & Enterprises Administrative & Support & Waste Services

Administrative & Support Services Employment Services

Educational & Health Services Educational Services Colleges, Universities & Professional Schools Health Care & Social Assistance Ambulatory Health Care Services Hospitals Nursing & Residential Care Facilities Social Assistance

Leisure & Hospitality Accommodation & Food Services Accommodation Food Services & Drinking Places Restaurants

Other Services 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

Sep 20

24,000 14,900 58,400 55,600 21,000 167,300 39,200 25,200 128,100 44,500 30,000 12,800 40,800 61,500 54,200

4,700 49,500 46,900 21,000 92,200 11,500

700 80,700

6,700 4,600 2,100 74,000 34,700 39,300 22,200 12,400 4,700

San Jose Sunnyvale Santa Clara MSA

(San Benito and Santa Clara Counties) Industry Employment & Labor Force March 2020 Benchmark

Jul 21

27,000 14,900 60,800 58,100 21,800 173,400 38,800 25,900 134,600 48,500 30,700 12,400 43,000 76,100 61,500

6,200 55,300 50,400 25,100 85,700 10,400

700 75,300

6,400 4,300 2,100 68,900 29,000 39,900 22,000 13,100 4,800

Aug 21 Revised

27,300 14,800 60,000 57,300 22,000 173,800 39,300 25,900 134,500 48,900 30,500 12,400 42,700 77,600 62,600

6,400 56,200 50,700 25,300 87,000 10,300

700 76,700

6,300 4,200 2,100 70,400 30,000 40,400 22,200 13,300 4,900

Sep 21 Prelim

27,500 14,800 61,200 58,500 22,400 173,300 39,400 25,500 133,900 48,000 30,700 12,300 42,900 79,400 64,000

6,400 57,600 50,800 24,900 89,300 10,300

700 79,000

6,900 4,800 2,100 72,100 31,700 40,400 22,500 13,100 4,800

Percent Change

Month Year

0.7% 14.6%

0.0% -0.7%

2.0%

4.8%

2.1%

5.2%

1.8%

6.7%

-0.3%

3.6%

0.3%

0.5%

-1.5%

1.2%

-0.4%

4.5%

-1.8%

7.9%

0.7%

2.3%

-0.8% -3.9%

0.5%

5.1%

2.3% 29.1%

2.2% 18.1%

0.0% 36.2%

2.5% 16.4%

0.2%

8.3%

-1.6% 18.6%

2.6% -3.1%

0.0% -10.4%

0.0%

0.0%

3.0% -2.1%

9.5%

3.0%

14.3%

4.3%

0.0%

0.0%

2.4% -2.6%

5.7% -8.6%

0.0%

2.8%

1.4%

1.4%

-1.5%

5.6%

-2.0%

2.1%

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: Amanda Ha 415-749-2002 or Nati Martinez 209-941-6551

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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