San Diego’s Economic Pulse: November 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 October 2019. Check out EDC’s research bureau for more data and stats about San Diego’s economy.

This report is sponsored by Manpower San Diego.

San Diego Economic Pulse – November 2019 from San Diego Regional EDC on Vimeo.

Highlights include:

  • The region’s unemployment rate was 2.8 percent in October, up from a revised 2.7 percent in September 2019, and below the year-ago estimate of 3.2 percent
  • The region’s unemployment rate remains lower than both the state and national unemployment rates of 3.7 percent and 3.3 percent, respectively
  • Between September 2019 and October 2019, total nonfarm employment increased from 1,516,200 to 1,525,000, adding 9,400 jobs
  • Between October 2018 and October 2019, total nonfarm employment increased from 1,495,400 to 1,525,600, adding 30,200 jobs
  • Between October 2018 and October 2019, government led the year-over gain, adding 8,200 jobs and mostly driven by growth in local government (up 5,100)

San Diego Economic Pulse – September 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 August 2019. Check out EDC’s research bureau for more data and stats about San Diego’s economy.

This report is sponsored by Manpower San Diego.

  • The region’s unemployment rate was 3.4 percent in August, down from a revised 3.6 percent in July 2019, and below the year-ago estimate of 3.5 percent..
  • The region’s unemployment rate remains lower than both the state and national unemployment rates of 4.2 percent and 3.8 percent, respectively
  • Construction (up 2,900) added the largest number of jobs over the month, with gains centered in speciality trade contractors(up 1,800)
  • Between August 2018 and August 2019, total nonfarm employment increased from 1,485,300 to 1,512,700, adding 27,400 jobs.
  • Government (up 8,400) followed by professional & business services(up 6,600) led job growth during the past year