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September Job Data


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Employment within San Diego's "housing-boom beneficiary" job sectors (construction, finance/real estate, and retail) has been effectively flat since last year. The number of people employed in this sector in September was down a razor-thin .1 percent from the prior September, according to the latest batch of Bureau of Labor Statistics data.

The number of people employed outside of these industries rose during the same period by a comparitively healthy 1.9 percent.

Overall, 17,700 new jobs were added to the San Diego economy between September 2005 and September 2006, a growth rate of 1.4 percent.

-- RICH TOSCANO

A Nerd's Eye View

Rich Toscano is a financial advisor with Pacific Capital Associates*;
he also writes about San Diego real estate at Piggington's Econo-Almanac.
Contact him at rtoscano@pcasd.com.

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