Overall unemployment rate moved down to 6.7% with the biggest shift in Restaurants & Hotels, which gained 7,000 roles, based on the most recently available information published in June 2021.
Total employment in the San Diego-Carlsbad, CA market declined by 14,172 jobs in April and the unemployment rate decreased compared to the prior month by 10 bps to 6.7%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- San Diego-Carlsbad, CA unemployment rate is 95 bps above the national rate which is a negative sign.
- Unemployment in the market is 920 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 4.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.7% . Key sectors include:
- Business Services: 254,100; -2,000
- Government: 236,800; +300
- Education & Healthcare: 214,800; +2,200
- Transportation & Utilities: 207,700; -2,300
- Restaurants & Hotels: 144,800; +7,000
- Manufacturing: 114,300; +300
- Construction, Mining: 85,800; +3,300
- Financial Services: 73,600; -500
- Other Jobs: 45,800; +1,600
- IT & Development: 21,700; -100
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.