San Diego County Unemployment Price Stays Unchanged at 3.7 P.c

 San Diego County’s unemployment price remained 3.7% in February, unchanged from January, in response to the figures launched Friday by the state Employment Growth Division.

February’s unemployment price was lower than February 2022’s price of 4.1%. Final month’s charges examine with an unadjusted unemployment price of 4.8% for California and three.9% for the nation throughout the identical interval.

In keeping with the EDD, between January 2023 and February 2023, nonfarm employment elevated by 7,800, from 1,551,600 to 1,559,400. As well as, agricultural employment added 500 jobs.

Leisure and hospitality posted essentially the most month-over-month beneficial properties, with 2,800 jobs added. Nearly all of these — 2,000 — had been in lodging and meals companies.

Skilled and enterprise companies gained 2,300 jobs, personal schooling and well being companies gained 2,100, building gained 1,600, monetary actions gained 900, and different companies 800. Employment remained unchanged in data and mining and logging.

Authorities registered essentially the most vital job decline over the month with 1,900 jobs misplaced, adopted by commerce, transportation, and utilities, down 600, and manufacturing, down 200.

Between February 2022 and February 2023, nonfarm employment elevated by 52,900 — up 3.5%. Agricultural employment remained fixed at 9,100.

Leisure and hospitality posted the biggest variety of jobs gained with 20,200 with the bulk in lodging and meals companies — 13,700. Personal schooling and well being companies gained 12,400 year-over, together with skilled and enterprise companies gaining 6,500, authorities gaining 5,400, different companies gaining 4,700, building gaining 2,200, manufacturing gaining 1,100, commerce, transportation and utilities gaining 300 and data gaining 200 jobs.

Employment in mining and logging remained unchanged over the yr. Monetary actions misplaced 100 jobs over the yr.

— Metropolis Information Service