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Construction and real estate/financial services showed significant losses year-over-year again in September, according to new data released today by the state’s Employment Development Department. Compared to September 2006, construction payrolls had 5,600 fewer jobs and financial activities (including real estate and rental and leasing jobs) had 1,500 fewer jobs.
Despite a seasonal job loss between August and September, leisure and hospitality posted the biggest year-over-year growth for the ninth month in a row, with a 6,000-job increase in that time. The vast majority of the increase, 85 percent, came in accommodation and food service jobs.
The county’s unemployment rate remained at 4.8 percent, no change from the month previous but a 0.9 percent increase from September 2006. Compared to unadjusted rates for the country and the state in that time, San Diego County fit between the nation’s 4.5 percent unemployment rate and the state’s 5.4 percent rate.