• News
  • SAN DIEGO
  • General

County unemployment rate inches up to 6.6%

The unemployment rate in the San Diego County was 6.6 percent in July 2014, up from a revised 6.1 percent in June 2014, and below the year-ago estimate of 8.0 percent. This compares with an unadjusted unemployment rate of 7.8 percent for California and 6.5 percent for the nation during the same period.

Between June 2014 and July 2014, total nonfarm employment declined from 1,350,400 to 1,344,500, a loss of 5,900 jobs. Agricultural employment decreased by 800 jobs, or 7.6 percent.

• Government reported the greatest month-over decline, down 12,700 jobs. Local government (down 9,700) accounted for more than 75 percent of the job losses in this sector, all from a seasonal decline in local government education (down 9,700). State government declined by 3,100 jobs, all from state government education (down 3,100). Federal government (up 100) slightly offset the overall job losses in this sector.

• Three other nonfarm sectors also posted month-over job losses: other services (down 900); educational and health services (down 400); and financial activities (down 100).

• Six sectors recorded month-over job gains. The most significant job growth came from professional and business services (up 2,800), largely from professional, scientific, and technical services (up 2,200). Leisure and hospitality added 2,700, mostly from food services and drinking places (up 1,400). Construction increased by 1,500 jobs, primarily from specialty trade contractors (up 1,200). Between July 2013 and July 2014, total nonfarm employment gained 37,200 jobs, or 2.8 percent. Agricultural employment declined by 400 jobs, or 4.0 percent.

• Educational and health services recorded the greatest year-over gain, adding 7,500 jobs. Healthcare and social assistance (up 6,000) contributed to roughly 80 percent of the job growth in this sector. Educational services increased by 1,500 jobs.

• Eight other industries also added jobs over the year. The most notable job gains came from professional and business services (up 7,000), mainly from professional, scientific, and technical services (up 6,700). Construction also gained 7,000 jobs, largely from specialty trade contractors (up 4,200). Leisure and hospitality increased by 6,000 jobs, primarily from food services and drinking places (up 4,200). Trade, transportation, and utilities added 4,900 jobs, mostly from retail trade (up 3,100).

• One nonfarm industry recorded year-over job losses: financial activities (down 800).

Leave Your Comment

Comments are moderated by SDDT, in accordance with the SDDT Comment Policy, and may not appear on this commentary until they have been reviewed and deemed appropriate for posting. Also, due to the volume of comments we receive, not all comments will be posted.

SDDT Comment Policy: SDDT encourages you to add a comment to this discussion. You may not post any unlawful, threatening, defamatory, obscene, pornographic or other material that would violate the law. All comments should be relevant to the topic and remain respectful of other authors and commenters. You are solely responsible for your own comments, the consequences of posting those comments, and the consequences of any reliance by you on the comments of others. By submitting your comment, you hereby give SDDT the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying and other information you provide via all forms of media now known or hereafter devised, worldwide, in perpetuity. SDDT Privacy Statement.

User Response
0 UserComments

Leave Your Comment

Comments are moderated by SDDT, in accordance with the SDDT Comment Policy, and may not appear on this commentary until they have been reviewed and deemed appropriate for posting. Also, due to the volume of comments we receive, not all comments will be posted.

SDDT Comment Policy: SDDT encourages you to add a comment to this discussion. You may not post any unlawful, threatening, defamatory, obscene, pornographic or other material that would violate the law. All comments should be relevant to the topic and remain respectful of other authors and commenters. You are solely responsible for your own comments, the consequences of posting those comments, and the consequences of any reliance by you on the comments of others. By submitting your comment, you hereby give SDDT the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying and other information you provide via all forms of media now known or hereafter devised, worldwide, in perpetuity. SDDT Privacy Statement.

Subscribe Today!