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Sunday, Sep 15, 2024
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Local Uemployment Rate Drops to 6% for April

San Diego’s unemployment rate fell to 6 percent in April from 6.9 percent in March, the lowest it’s been since June 2008 when it was 5.9 percent, according to the state’s Employment Development Department.

In comparison, the nation’s jobless rate was 5.9 percent in April, while the seasonally adjusted rate for California for the same month was 7.8 percent.

Last month, the region added a net of 2,900 nonfarm jobs, led by 3,100 in the leisure and hospitality sector, and 2,300 in the sector that contains retail trade. Retail added 1,100 jobs while wholesale trade added 900, according to the EDD report.

Those gains were offset by losses in five other job sectors, led by 1,500 in professional and business services, and 500 in government.

During the 12 months from April 2013, the region’s nonfarm employment increased to 1.34 million, a net gain of 29,000 jobs, or 2.2 percent.

Nine of 11 job sectors showed net gains over 12 months while two, financial activities and information, had net losses of 300 and 100 jobs, respectively.

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