San Diego County Unemployment Rate Drops To 4.2 Percent
Friday, January 20, 2017
Credit: flickr / Tax Credits
The unemployment rate in San Diego County last month was 4.2 percent, which equals the lowest post-recession percentage since last May, the state Employment Development Department reported today.
Unemployment in May also reached 4.2 percent, the lowest figure since the same month in 2007, but it shot back over 5 percent in June, according to EDD data. The rate has been steadily falling ever since, reaching 4.3 percent last month.
San Diego's unemployment rate one year earlier, on December 2015, was 4.8 percent.
The unemployment rate last month in California was 5 percent and 4.5 percent nationwide. Neither the state nor national figures are seasonally adjusted.
Last month, the biggest increases were in wholesale trade, healthcare and social assistance, adding 1,300 positions, according to the EDD.
Over the past year, job gains were also seen in local government with 4,100 positions; in healthcare and social assistance with 4,900; in restaurants with 3,900; and in professional, scientific and technical services with 3,800.
The EDD reported that 65,600 San Diegans were unemployed last month out of a civilian workforce of nearly 1.6 million. That's 9,400 fewer unemployed people than December 2015. Meanwhile, the number of people with jobs — more than 1.5 million — was 20,600 higher.
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