San Diego County Unemployment Fee Climbs Barely to 4.2%, State Experiences

The unemployment fee in San Diego County elevated to 4.2% in October, up from a revised 4.1% in September 2023, and above the year-ago estimate of three.3%, in line with figures launched Friday by the state Employment Growth Division.
Final month’s charges evaluate with an unadjusted unemployment fee of 4.8% for California and three.6% for the nation throughout the identical interval.
In accordance with the EDD, between September and October, complete nonfarm employment in San Diego County elevated by 15,500 jobs to achieve 1,582,700.
Seasonal will increase drove up authorities employment by 6,200 for the biggest month-over advance. Many of the achieve for October was concentrated in state — up 3,800 — and native authorities — up 2,300 — as staffing ranges in public instructional establishments elevated, the EDD information confirmed.
Moreover, retail gained 2,300 jobs month-over, accounting for round two-thirds of the three,400 job improve in commerce, transportation, and utilities. Non-public training and well being added 3,100 jobs.
These industries which misplaced jobs within the month-over-month information embody building — down 1,000 — manufacturing — down 500 — and different companies — down 400.
Between October 2022 and October 2023, nonfarm employment in San Diego County elevated by 26,500 or 1.7%.
As has been par for the course over the previous a number of years, leisure and hospitality represented the biggest year-over development, growing by 11,100 jobs. That development was divided between lodging and meals companies — up 6,900 — and humanities, leisure, and recreation — up 4,200. Arts, leisure, and recreation noticed a 14% year-over improve.
Non-public training and well being companies reported an addition of 10,100 jobs with the whole thing attributed to a ten,400 achieve in well being care and social help, with 300 jobs misplaced in non-public instructional service.
Main the year-over decline was skilled and enterprise companies — down 3,800. Many of the job reductions have been in administrative and assist and waste administration and remediation companies.
Different industries that reported job declines embody manufacturing, with a lack of 1,800, and knowledge with a lack of 600.
–Metropolis Information Service