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The Big Picture San Diego Blog


San Diego's Economic Pulse - January 2019

January 18, 2019

Each month the California Employment Development Department (EDD) releases employment data for the prior month. This edition of San Diego's Economic Pulse covers December 2018. Check out EDC's research bureau for more data and stats about San Diego's economy. 

Highlights include:

  • The region’s unemployment rate was 3.2 percent in December, unchanged from a revised 3.2 percent in November, and below the year-ago estimate of 3.3 percent.
  • San Diego’s unemployment rate remains below both the state rate of 4.1 percent and the national rate of 3.7 percent.
  • The labor force shrunk by 3,000 workers during the month and is now up 37,100 compared to a year ago.
  • Total nonfarm employment is down 900 in December and up 28,400 over the year.
  • The largest employment gain over the year occurred in professional and business services, which added 12,600 jobs. Professional, scientific, and technical services were responsible for 46 percent of the increase – up 5,800 jobs.

 

San Diego's Economic Pulse - January 2019 from San Diego Regional EDC on Vimeo.