San Diego’s Economic Pulse – March 2019

Each month the California Employment Development Department (EDD) releases employment data for the prior month. This edition of San Diego’s Economic Pulse covers February 2019. Check out EDC’s research bureau for more data and stats about San Diego’s economy.

Thank you to Manpower San Diego for making this possible.

Highlights include:

  • The region’s unemployment rate was 3.5 percent in February, down from a revised 3.8 percent in January, and unchanged from the year-ago estimate of 3.5 percent.
  • San Diego’s unemployment rate remains below both the state rate of 4.4 percent and the national rate of 4.1 percent.
  • The labor force grew by 3,700 workers during the month and is now up 24,600 compared to a year ago.
  • Total nonfarm employment is up 9,700 in February and up 19,900 over the year.
  • The largest employment gain over the year occurred in educational and healthcare services, which added 6,900 jobs.