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Report Says County Added Nearly 40,000 Jobs in 2015

Employment in San Diego grew 2.9 percent in 2015 with the addition of nearly 40,000 jobs in sectors from construction to clean-tech.

That’s according to a report released June 3 by the San Diego Regional EDC, which revealed the county had the 10th highest rate of year-over-year jobs growth of the nation’s 25 most populous metro areas.

Contributing to that rate was above-average growth in sectors including professional and business services, education and health services, and construction, which saw increases of 8,600, 7,100 and 4,400 jobs, respectively.

Construction grew the most, recording a 6.8-percent year-over-year jobs increase, the report states. More growth — about 4.5 percent — is expected in that sector during 2016, according to research firm CBRE Econometric Advisors.

Similar to other major metros, San Diego did experience a “small seasonal decline” of about 0.6 percent in employment growth between October and January, the report states.

Research from the EDC also revealed that San Diego’s unemployment rate in January was down 1.2 percent compared with a year ago, the seventh largest reduction among the 25 most populous U.S. metros.

The unemployment rate in San Diego in January was 4.7 percent, the report states, more than a half-percentage point lower than the nationwide rate of 5.3 percent.

In Los Angeles and Riverside, respectively, 5.5 and 5.8 percent of residents in January searched for but couldn’t find a job, the report states.

Statewide that month, the unemployment rate was 5.8 percent, according to seasonally unadjusted numbers from the Bureau of Labor Statistics.

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