Each month the California Employment Development Department (EDD) releases industry data for the prior month. This edition of San Diego’s Economic Pulse covers June 2018 data, including unemployment, new business establishments, and job postings.
Highlights include:
- The region’s unemployment rose to 3.7 percent in June after several months of record lows.
- Every jurisdiction saw an increase in the unemployment rate during the month of June. Six cities had increases of a full percentage point.
- Labor force grew, adding 5,200 workers during the month, up 0.3 percent. However the labor force is down 2,500 compared to a year ago.
- Monthly employment trends changes appear to be countering trends of the past year. PST services continue to have the fastest year-over-year growth, up 4.9 percent.
Read the full Economic Pulse here.