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Saturday, Jul 13, 2024
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Unemployment Rate Rises

San Diego’s unemployment rate for April increased to 4.1 percent, compared with 4 percent in March, and above the rate for April 2006, when it was 3.7 percent.

While the jobless rate rose, San Diego’s rate compared favorably with that of the nation at 4.3 percent and the California rate of 5 percent for the same period, according to the latest report from the state’s Employment Development Department, released May 18.

The region showed a net gain of 3,100 jobs for April, bringing total non-farm employment to 1,305,800.

From April 2006, the region had a net gain of 10,700 jobs, an increase of only 0.8 percent.

For the prior month, the biggest increase in new jobs came from the leisure and hospitality sector, which added 2,200 jobs. Three-quarters of that gain came from the accommodation and food services establishments.

Construction was the second largest job generator with 400 jobs, with specialty trades accounting for the largest gains. Private educational and health services also grew by 400 jobs.

The two industries that showed net losses in the prior month were professional and business services, and information, which dropped by 400 and 300 jobs, respectively.

In the full 12 months through April, the industry that showed the largest net increase was leisure and hospitality, which gained 7,200 of the region’s 10,700 annual net job increases.

Despite the last month increases, the biggest annual loser was construction, which lost 5,000 net jobs.

, Mike Allen

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