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The Big Picture San Diego Blog

San Diego's Economic Pulse - December 2017

December 22, 2017

Each month the California Employment Development Department (EDD) releases industry data for the prior month. This edition of San Diego’s Economic Pulse covers November 2017 data, including unemployment, new business establishments and job postings.

Highlights include:

  • The region’s unemployment rate fell to 3.3 percent in November, from a revised 3.7 percent in October. The unemployment rate is a full percentage point below the November 2016 rate of 4.3 percent, and the lowest since December 2000.
  • Every jurisdiction saw a decline in its unemployment rate in November. El Cajon and Imperial Beach saw the largest declines, both dropping 0.7 percent.
  • The labor force added 4,800 workers in November, after shedding a similar number in October. The labor force is up 8,600 compared to a year ago.
  • Year-over-year, real estate, rental and leasing growth outpaced all other key sectors, up 5.5 percent.

Read San Diego’s Economic Pulse here.