The San Diego Monthly Employment Report (August 2015 to September 2015) shows decreases in the civilian unemployment rate, employment and labor force.
Highlights from the report include:
- San Diego’s unemployment rate was 4.6 percent in September, down 0.5 percent from August and below the year-ago estimate of 6.1 percent
- Labor force decreased by 10,100
- Employment decreased by 1,700
- Unemployment decreased by 8,400
- Five sectors had month-over employment gains with Government reporting the largest gain of 4,100 jobs
- Leisure & Hospitality posted the largest month-over employment loss, with a decline of 1,600 jobs
- All industries, with the exception of Other Services and Mining & Logging, grew in employment between September 2014 and September 2015, with Professional & Business Services having the largest increase of 10,700 jobs
The California Employment Development Department (EDD) reported a 0.5 percent decrease in San Diego’s unemployment rate, from 5.1 percent in August to 4.6 percent in September, the lowest unemployment rate in San Diego County since July 2007. However, the number of people in the labor force decreased significantly and contributed to the change. The 4.6 percent unemployment rate is less than half of the September unemployment rate in 2010 (10.7 percent) but remains higher than the lowest September unemployment rate in 2006 (3.9 percent).
The industry with the largest month-over employment gain was Government (up 4,100 jobs). Five industries recorded month-over job losses, with Leisure & Hospitality (down 1,600 jobs) and Trade, Transportation & Utilities (down 1,500 jobs) experiencing the largest declines.
From September 2014 to September 2015, all industries experienced increased job growth, except for Other Services and Mining & Logging. Professional & Business Services had the greatest year-over gain, adding 10,700 jobs to the region with almost 90 percent of the sector’s job growth coming from Professional, Scientific & Technical Services. Leisure & Hospitality added 10,100 jobs with 80 percent of the gain coming from Accommodation & Food Services.
Despite month-over job losses in five industries, a majority of San Diego County’s industries continues to experience year-over job gains from September 2014 to September 2015.