SAN DIEGO, CA – Unemployment in the city of San Diego, California showed a slight increase during the month of January 2023 by registering an annualized unchanged rate of 3.7%, as reported by the Employment Development Department (EDD).
The city showed a downward variation of 0.8 percentage points from the 2.9% reached in December 2022, when it reported a labor force of 1,589,000 people, of which 1,543,400 had a job and 46,600 citizens were looking for one.
According to its most recent report, the border city reached a labor force of 1,600,000 people in January 2023. Of the total labor force in the first month, 1,541,300 people had a job, while 58,800 were looking for a job.
The number of unemployed in January in San Diego increased by 12,200 more than those counted in December of last year.
California’s unemployment rate rose slightly in the month of January 2023 to 4.2%, despite the fact that the state’s employers added 96,700 nonfarm jobs to the economy, according to data released by EDD.
The updated data show that California fully recovered its nearly 2.8 million pandemic-related job losses earlier, in June 2022, rather than October 2022 as originally estimated, and that the peak unemployment rate of 16.1% was reached earlier, in April 2020, rather than May.
Of the 517,000 jobs gained nationally in January 2023, California accounted for 96,700, or nearly 19%, of total U.S. nonfarm employment growth.
Likewise, eight of California’s eleven industry sectors added jobs in January, with Government (+46,000) leading the way, with strong gains in State Government Educational Services, boosted by the end of the University of California academic workers’ strike in December.
Leisure and Hospitality (+20,800) also posted strong month-over-month gains thanks in part to strong performances not only in Gaming, but also in Performing Arts, Spectator Sports, and Sports and Talent Agents.
Construction (-7,300) suffered California’s largest month-over-month job loss in January 2023 due, in part, to severe winter storms and extreme weather across the state, as well as reductions in the specialty trade contractor subsector.
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