Overall unemployment rate stayed flat at 3.7% with the biggest shift in Restaurants & Hotels, which gained 3,100 roles, based on the most recently available information published in May 2023.
Total employment in the San Diego-Carlsbad, CA market rose by 9,319 jobs in March and the unemployment rate stayed flat. The national unemployment rate decreased by 27 bps over the same time to 3.6%.
- San Diego-Carlsbad, CA unemployment rate is 8 bps above the national rate which is a negative sign.
- Unemployment in the market is 10 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in March versus prior month by 4.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Business Services: 289,400; +300
- Government: 252,400; +2,400
- Education & Healthcare: 235,400; +700
- Transportation & Utilities: 221,900; -600
- Restaurants & Hotels: 203,600; +3,100
- Manufacturing: 117,800; no change
- Construction, Mining: 88,800; +800
- Financial Services: 77,500; no change
- Other Jobs: 57,500; +200
- IT & Development: 21,800; -100
Data is based on the most recent 12 months available, through March 2023 (Data published May 2023 and reports created on May 9,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.