San Diego County’s unemployment charge decreased to 3.1% in July, up from a revised 3.2% in May, in accordance to the newest figures launched by the state Employment Development Department.
July’s unemployment charge was significantly lower than July 2021’s charge of 6.9%. Last month’s charges examine with an unadjusted unemployment charge of 3.9% for California and three.8% for the nation throughout the identical interval.
According to the EDD, between June and July, nonfarm employment retracted by 6,700 jobs, from 1,515,500 to 1,508,800. Agricultural jobs decreased by 200 month-over-month.
Government led all trade sectors in month-over losses with 14,700 fewer jobs. Local authorities — down 10,600 — accounted for 72% of the decline. Additionally, state authorities decreased job ranges by 4,300. On the opposite, federal authorities gained 200 jobs.
Two different industries contracted employment over the month: monetary actions — down 600 — and commerce, transportation, and utilities — down 500.
Leisure and hospitality led all industries in month-over job features with 4,600 added. Accommodation and meals companies grew by 3,900 jobs and humanities, leisure, and recreation elevated by 700.
Between July 2021 and July 2022, nonfarm employment elevated by 61,800 — round 4.3% progress. Agricultural employment elevated by 500 jobs year-over-year — from 9,200 to 9,700.
Leisure and hospitality led the year-over enhance, including 26,300 jobs. Accommodation and meals companies noticed an upswing of 21,300 jobs, the place meals companies and consuming locations employment elevated by 17,000 jobs.
During the yr, skilled and enterprise companies skilled a job progress of 12,900,
Additional year-over employment progress have been additionally reported in authorities with 8,300, different companies with 5,200, academic and well being companies with 4,900, commerce, transportation, and utilities with 4,600, development with 3,000, and information with 100. Employment remained unchanged in mining and logging.
Year-over employment losses occurred in monetary actions — down 2,100 — and manufacturing — down 1,400.