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July 17, 2015

The San Diego Monthly Employment Report (May 2015 to June 2015) shows an increase in the civilian unemployment rate, labor force and employment.Highlights from the report include:

  • San Diego’s unemployment rate was 5.0 percent in June, up 0.1 percent from May but below the year-ago estimate of 6.4 percent
  • Labor force increased by 3,100
  • Employment increased 2,100
  • Unemployment increased by 1,000
  • Nonfarm jobs in the region increased by 4,100
  • Seven sectors had month-over employment gains with Trade, Transportation & Utilities and Financial Activities both reporting the largest gains of 1,300 jobs each
  • Other Services had the largest month-over employment loss, with a decline of 1,600 jobs

All industries, with the exception of Other Services, grew in employment between June 2014 and June 2015, with Professional & Business Services having the largest increase of 9,400 jobs.

The California Employment Development Department (EDD) reported a 0.1 percent increase in San Diego’s unemployment rate, from 4.9 percent in May to 5.0 percent in June. The 5.0 percent unemployment rate falls below the highest June unemployment rates (10.7 percent in both 2010 and 2011) but remains higher than the lowest June unemployment rate (4.1 percent in 2006) experienced in the region over the last 10 years.

The industries with the largest month-over employment gains were Trade, Transportation & Utilities and Financial Activities, each adding 1,300 jobs. Two industries recorded month-over job losses, with Other Services (Repair & Maintenance, Personal & Laundry Services and Religious, Grants, Civic, Professional & Like Organizations) experiencing the largest decline at 1,600 jobs lost.

From June 2014 to June 2015, all industries experienced increased job growth, except for Other Services. Professional & Business Services had the greatest year-over gain, adding 9,400 jobs to the region, over 80 percent of which came from Professional, Scientific & Technical Services.

San Diego County continues to show signs of improvement in its economy with job gains reported across the majority of industries from June 2014 to June 2015 and just two sectors experiencing month-over job losses. This economic improvement is encouraging more individuals to reenter the labor force.

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