Overall unemployment rate moved up to 7.0% with the biggest shift in Restaurants & Hotels, which gained 4,800 roles, based on the most recently available information published in July 2021.
Total employment in the San Diego-Carlsbad, CA market declined by 2,522 jobs in June and the unemployment rate increased compared to the prior month by 70 bps to 7.0%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- San Diego-Carlsbad, CA unemployment rate is 91 bps above the national rate which is a negative sign.
- Unemployment in the market is 650 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 5.5% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Business Services: 251,200; -800
- Government: 236,200; -1,600
- Education & Healthcare: 213,900; +1,000
- Transportation & Utilities: 208,600; +700
- Restaurants & Hotels: 156,000; +4,800
- Manufacturing: 115,600; +2,000
- Construction, Mining: 84,400; -400
- Financial Services: 72,700; -500
- Other Jobs: 46,200; +200
- IT & Development: 22,500; +300
Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.