Overall unemployment rate moved down to 5.6% with the biggest shift in Government, which gained 9,500 roles, based on the most recently available information published in November 2021.
Total employment in the San Diego-Carlsbad, CA market rose by 13,873 jobs in September and the unemployment rate decreased compared to the prior month by 100 bps to 5.6%. The national unemployment rate decreased by 72 bps over the same time to 4.6%.
- San Diego-Carlsbad, CA unemployment rate is 104 bps above the national rate which is a negative sign.
- Unemployment in the market is 400 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in September versus prior month by 3.2% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Business Services: 252,400; +1,400
- Government: 234,300; +9,500
- Education & Healthcare: 210,600; -1,500
- Transportation & Utilities: 208,700; -700
- Restaurants & Hotels: 163,700; -1,500
- Manufacturing: 112,500; -1,100
- Construction, Mining: 88,600; -1,000
- Financial Services: 71,900; +300
- Other Jobs: 48,100; -1,800
- IT & Development: 22,700; no change
Data is based on the most recent 12 months available, through September 2021 (Data published November 2021 and reports created on November 3, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.