Beacon Employment Report California – Industry Overview

At the industry level, the largest jobs gains continue to occur in the sectors hardest hit by the pandemic. While a handful of sectors in California are now exceeding their pre-pandemic peaks, employment levels in the most affected sectors remain below pre-pandemic levels and should continue to steadily gain back jobs over the coming months.

Health Care led payroll gains in October, expanding by 19,500 jobs during the month. Leisure and Hospitality also grew significantly, with payrolls expanding by 13,500.  However, Leisure and Hospitality still has a long way to go to recover all of the jobs lost due to the pandemic, with payrolls still down 6.2% since February 2020.

Other sectors posting strong gains during the month were Administrative Support (10,000), Transportation, Warehousing, and Utilities (8,400), Manufacturing (6,400), Professional, Scientific, and Technical Services (5,700), Information (4,100), Real Estate (2,200), and Finance and Insurance (1,400).

The sectors that lost jobs during the month include Government (-8,700), Retail Trade (-4,200), Education (-2,700), and Construction (-100).