Updated
Updated · Times of San Diego · Jun 19
San Diego County Unemployment Falls to 3.9% as Payrolls Add 4,300 Jobs in May
Updated
Updated · Times of San Diego · Jun 19

San Diego County Unemployment Falls to 3.9% as Payrolls Add 4,300 Jobs in May

2 articles · Updated · Times of San Diego · Jun 19

Summary

  • San Diego County’s jobless rate fell to 3.9% in May from a revised 4.1% in April, beating California’s 4.7% rate and the national 4.1% reading.
  • 4,300 nonfarm jobs were added month over month, lifting total payrolls to 1,584,900, with leisure and hospitality driving the gain by adding 3,600 positions.
  • Accommodation and food services accounted for 75% of that sector’s increase, while construction added 900 jobs and government, financial activities and manufacturing also rose.
  • Three sectors still cut a combined 1,300 jobs in May, including trade, transportation and utilities, professional and business services, and private education and health services.
  • 13,400 jobs were added over the year, led by private education and health services, even as government shed 8,100 positions—mostly a 7,100 drop in federal employment.

Insights

Is San Diego's economy trading high-growth sectors for service jobs as its skilled workforce continues to shrink?
Unemployment is at a two-year low, so why are San Diego's city services and resident aid facing drastic cuts?
With healthcare booming, what is the future for workers in San Diego's declining construction and government sectors?