SAN DIEGO, CA – Unemployment in the city of San Diego showed an uptick during the month of January 2024 by registering an annualized unchanged rate of 4.7%, as reported by the Employment Development Department (EDD).
The city showed an increase of one percentage point from the 3.7% achieved in January 2023, when it reported a labor force of 1.6 million people, of which 1.541.3 million had a job and 58,800 citizens were looking for one.
According to its most recent report, the border city reached a labor force of 1,597,700 people in January 2024. Of the total labor force in the first month, 1,521,800 people had a job, while 75,800 were looking for a job.
San Diego’s January jobless count increased by 17,000 more than those counted in January 2023.
California employers added 58,100 nonfarm jobs in January 2024, while the state’s unemployment rate rose to 5.2 percent in January 2024 from 5.1 percent in December, according to data released by EDD from two surveys.
California’s unemployment rate was 5.2 percent in January 2024, up 0.1 percentage point from the previous month. California payroll jobs totaled 18 million 007 thousand in December 2023, up 58,100 from December and also up 225,400 from January of last year.
California’s labor market expansion marked its 45th month in January and the month’s job growth accounted for 16.5% of the 353,000 jobs gained nationwide.
Ten of California’s 11 industry sectors grew in employment in January, with Private Education and Health Services with more than 18,100 leading the gains thanks to strength in Nursing Care Facilities and Individual and Family Services.
Professional and Business Services gained more than 15,700 positions, in part, to increases recorded in Specialized Design Services, Research and Security Services, and Building and Home Services.
Manufacturing was the only industry sector to lose jobs with more than 800 during January 2024. This was due, in part, to above-average losses in the Semiconductor and Other Electronic Components Manufacturing industry group.
