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San Diego’s Unemployment Rate Remains Unchanged; Stays At 7 Percent

San Diego County's 7 percent unemployment rate in February remained unchanged from a revised figure from January, but is below the estimated 8.1 percent at the same time a year ago, the state Employment Development Department announced Friday.

Statewide, the unemployment rate last month was 8 percent, and a 6.7 percent rate for the nation.

The San Diego region gained 9,500 nonfarm jobs in February and 27,700 positions over the year, according to the EDD.

Special Feature California Unemployment Rate Falls To 8 Percent

California's 7.9 percent unemployment rate in September 2008 was the last time it was below 8 percent.

The largest gain over the month was in the professional and business services industry, which added 3,200 jobs. More than 90 percent of those were in professional, scientific and technical services.

Jobs were lost in construction, financial activities and in trade, transportation and utilities, state officials said.

In February, 110,700 San Diegans were without work in a labor force of nearly 1.6 million people. At the same time last year, 128,500 were unemployed, according to the EDD.

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Avatar for user 'schroyermichael'

schroyermichael | April 11, 2014 at 6:22 p.m. ― 5 months, 1 week ago

Part of the problem is San Diego had a large building trend from about 1988 on ward to 1998 as a way of sort of releasing its bonds from the Navy, and revamping Downtown and surrounding areas to increase its tourist industry. Also at the time they where repairing quite a few ships in the ship yards. One problem was that around 1999 there began to be an economic downfall and then of course was the big collapse of real estate in California, this almost devastated San Diego because now that it relies on tourist, vacationers and retired people it began losing major business. I began to see bars and clubs that where opened 7 days a week reduce their hours to about half or only a few days a week. Also San Diegos upper 10% are looking for the best of the best, I mean your not getting even in the door with nothing more than a BA their looking for people with Masters and PHD's. San Diego's going to have to take a different look or come up with a different strategy to combat unemployment in that City, Lets get down to Brass Tax....There are Two many people in California and not even close to enough jobs to cover it. San Diego....Your Over Populated. Ive heard that people are moving out of California in Droves...If this is true I don't Blame You...Hay Get Out of There While The Goings Good.. Im Sorry I just don't see recovery for San Diego any time soon

Michael

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