San Diego County’s unemployment price decreased to three.1% in July, up from a revised 3.2% in Might, in response to the most recent figures launched by the state Employment Growth Division.
July’s unemployment price was significantly lower than July 2021’s price of 6.9%. Final month’s charges evaluate with an unadjusted unemployment price of three.9% for California and three.8% for the nation throughout the identical interval.
In line with 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.
Authorities led all trade sectors in month-over losses with 14,700 fewer jobs. Native authorities — down 10,600 — accounted for 72% of the decline. Moreover, state authorities diminished job ranges by 4,300. Quite 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 good points with 4,600 added. Lodging and meals providers 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% development. Agricultural employment elevated by 500 jobs year-over-year — from 9,200 to 9,700.
Leisure and hospitality led the year-over improve, including 26,300 jobs. Lodging and meals providers noticed an upswing of 21,300 jobs, the place meals providers and consuming locations employment elevated by 17,000 jobs.
Through the 12 months, skilled and enterprise providers skilled a job development of 12,900,
Extra year-over employment development had been additionally reported in authorities with 8,300, different providers with 5,200, instructional and well being providers with 4,900, commerce, transportation, and utilities with 4,600, development with 3,000, and data with 100. Employment remained unchanged in mining and logging.
12 months-over employment losses occurred in monetary actions — down 2,100 — and manufacturing — down 1,400.
–Metropolis Information Service