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Tuesday, Mar 19, 2024
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August Jobless Rate Falls to 10.6 Percent

San Diego’s jobless rate declined in August to 10.6 percent from a revised unemployment of 10.9 percent in July, but the region showed a net loss of nearly 10,000 jobs over the 12 months, according to a Sept. 17 report from the state Employment Development Department.

Nationally, the adjusted unemployment rate for August was 9.6 percent, up a point from July. California’s unadjusted rate was 12.4 percent, down from 12.8 percent in July, the EDD report said.

Over the prior month, the region’s nonfarm employment declined by 2,200 jobs, bringing the total nonfarm employment to 1,208,400. That was down by 9,700 jobs or 0.8 percent from the total nonfarm employment figure as of August 2009.

The government sector was the largest contributor to the monthly loss, shedding 1,800 jobs. Federal government lost 1,000 jobs; local government contracted by 600; and state government shrunk by 200 jobs.

Over the 12 months, every job sector showed net losses except for two: professional business services, up 2,700 and education and health services, up 2,500.

The biggest losses came from manufacturing, down 2,900 jobs; leisure and hospitality, down 2,300 jobs; and government, down 2,300 jobs.

— Mike Allen

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