San Diego’s Unemployment Rate Increases in JuneMonday, July 22, 2013
San Diego’s unemployment rate increased in June to 7.3 percent, up from 6.8 percent in May, but below the year-ago June rate of 9.3 percent, according to the California Employment Development Department.
San Diego’s jobless rate was below that of the seasonally adjusted 8.5 percent unemployment for California, but above the 7.6 percent rate for the entire nation in June.
During the past month, the region added a net of 7,500 nonfarm jobs, but because nearly 10,000 more people were added to the unemployment rolls, the jobless ratio increased.
The biggest sector showing net job gains in the past month was the one that includes retail, which was up by 2,200 jobs. Seven other job sectors showed net increases with the largest being leisure and hospitality, increasing by 1,900 jobs.
The largest net loss came from educational and health services, which was down by 900 jobs.
Over the 12 months dating back to June of last year, the San Diego region’s nonfarm employment increased by 19,300 jobs or 1.5 percent. Educational and health services led all the sectors in job growth, adding 4,400, followed by professional and business services, with 4,300 jobs.
Every other sector showed net job gains over the 12 months except for manufacturing, which lost 100 jobs.
— Mike Allen