October 22, 2021
Beacon Employment Report | California
Presented by Beacon Economics
Copyright © Beacon Economics LLC
At the industry level, the largest jobs gains continue to occur in sectors hit hardest by the pandemic. While California has made up significant ground in recent months, employment levels in many of these sectors remain far below their pre-pandemic levels.
Leisure and Hospitality led gains in September, with payrolls expanding by 23,300. Still, the sector has a long way to go to recover all the jobs it lost due to the economic downturn. In total, payrolls have fallen by 371,900 (-18.1%) since the previous peak in February 2020.
Other sectors posting strong gains during the month were Professional, Scientific, and Technical Services (7,300), Manufacturing (5,700), Information (5,000), Transportation, Warehousing, and Utilities (3,600), Government (3,100), and Real Estate (2,400).
A handful of sectors saw payrolls decline in September. These include Other Services (-3,700), Wholesale Trade (-2,600), Finance and Insurance (-1,100), and Management (-400).