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SAN JOSE-SUNNYVALE-SANTA CLARA METRO JOB MARKET

Posted: 05.17.2019

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

San Jose, CA  May 20, 2019, El Observador 

Leisure and hospitality experienced a month-over hiring surge
The unemployment rate in the San Jose-Sunnyvale-Santa Clara MSA was 2.4 percent in April 2019, down from a revised 3.0 percent in March 2019, and below the year-ago estimate of 2.6 percent. This compares with an unadjusted unemployment rate of 3.9 percent for California and 3.3 percent for the nation during the same period. The unemployment rate was 5.3 percent in San Benito County and 2.3 percent in Santa Clara County.
 

Between March 2019 and April 2019, total employment in the San Jose-Sunnyvale-Santa Clara MSA, which also includes San Benito County, increased by 6,400 jobs to reach 1,153,100.
  • Leisure and hospitality (up 3,100 jobs) added the most jobs to payrolls, well above its 1,800-job 10-year average gain.
  • Construction (up 2,300 jobs) saw a seasonal hiring upswing, with specialty trade contractors (up 2,100 jobs) leading industry sector growth.
  • Information reported a growth of 1,100 jobs between March and April.
  • Meanwhile, manufacturing lost 1,100 jobs for the month-over job change, largely in computer and electronic product manufacturing (down 1,000 jobs).
Between April 2018 and April 2019, combined employment in the South Bay counties of San Benito and Santa Clara, grew by 29,900 jobs, or 2.7 percent.
  • Information (up 9,200 jobs) continued to dominate job growth.
  • Manufacturing (up 5,500 jobs) held the second-largest job increase for the time period.
  • Other notable hiring gains were in professional and business services (up 3,900 jobs), private educational and health services (up 3,700 jobs), leisure and hospitality (up 3,500 jobs), and government (up 3,000 jobs).
  • Lastly, financial activities expanded employment by 1,200 jobs.   # # # #

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