Each month the California Employment Development Department (EDD) releases industry data for the prior month. This edition of San Diego’s Economic Pulse covers March 2018 data, including unemployment, new business establishments, and job postings.
- The region’s unemployment rate was 3.2 percent in March, down 0.3 percentage points from February’s revised rate of 3.5, and 1.0 percentage point lower than a year ago.
- Every jurisdiction saw a decrease in the unemployment rate from the month prior.
- The labor force contracted slightly, shedding 8,700 workers during the month. The labor force is now up 1,800 compared to a year ago.
- The largest job increases in March came from education and health services, up 1,200 jobs. Retail saw the largest decline during the month, losing 1,000 jobs.
Get the details in the full Economic Pulse here.