San Diego’s unemployment rate fell to 4.8 percent in April, the lowest since December 2007, according to California Employment Development Department figures released on April 22, below the California unemployment rate of 6.3 percent and the national rate of 5.1 percent.
Last month, there were 74,300 unemployed San Diegans out of a workforce of 1.55 million. About 5,000 fewer people were unemployed in April than in March, when the unemployment rate was 5.1 percent. The rate was 6.1 percent last April, which is not seasonally adjusted.
Financial services, hospitality and professional services made up the bulk of those additional San Diego jobs, adding 1,600 each. The construction industry lost 700 jobs in April.
Statewide, the unemployment rate fell from March’s 6.5 percent and last year’s 7.2 percent. Nonfarm payroll jobs increased by nearly 30,000. Since the economic recovery began in early 2010, the state added almost 1.9 million jobs, according to the EDD.