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Friday, Feb 3, 2023
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Jobless Rate Sinks in September

San Diego’s unemployment rate dipped to 4.1 percent in September from the prior month’s 4.3 percent, and continued a long-term trend of maintaining a rate below that of the state and the nation, both at 4.8 percent for the same month, according to the state’s Employment Development Department.

For the full year through September, the regional non-farm total employment gained 300 jobs to reach 1,276,900. The unemployment rate in September 2004 was 4.4 percent.

The largest sector adding jobs over the month was government, which increased by 3,700 jobs, mainly from state and local teachers returning to work from the summer recess. The biggest decline came from the leisure and hospitality sector, which shed 2,100 jobs over the month as the summer tourism season closed.

Professional and business services, which has been generating many new jobs in recent years, showed a decrease of 700 over the month, with the biggest loss coming in professional, scientific and technical services, according to the state agency’s report. Construction fell by 200 jobs after seven months of continuous growth.

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Over the full year, the sectors that have increased the most are leisure and hospitality, plus 5,500; construction, plus 4,900; and educational and health services, plus 4,000. The biggest net loss came in professional and business services, which declined by 1,000 jobs.

Mike Allen

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