San Diego Business Journal

San Diego Unemployment Falls to 6.8 percent in November

By Mike Allen Monday, December 23, 2013

San Diego’s unemployment rate fell to 6.8 percent in November from a revised 7.1 percent in October, and below the 8.3 percent rate in November 2012, according to the state Employment Development Department.

The local jobless rate was below that of California at a seasonally adjusted 8.5 percent, and above the 6.6 percent unemployment rate for the nation.

Over the month, the region added 8,500 jobs to bring the total regional nonfarm employment 1.3 million.

The largest gains came from the sector that includes retail trade. The latter group added 6,200 jobs, accounting for 85 percent of the 7,200 net jobs.

Five other industries showed gains, with the most notable coming from government with 2,200 added.

Three sectors sustained net losses: professional business services, down 1,300; leisure and hospitality, down 1,200; and manufacturing, down 200.

Over the 12 months, the region’s nonfarm employment increased by 23,000 jobs, or 1.8 percent. The biggest sectors contributing to the increase were education and health services, up 6,100; trade, transportation and utilities, up 5,700; and leisure and hospitality, up 5,600. Three sectors sustained losses during that period: manufacturing, down 2,000 jobs; financial activities, down 600; and information, down 300.