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I wrote Monday about the increase in employment at San Diego businesses between October and November. I also discussed how the year-over-year change in payroll employment, while still firmly negative, had become steadily less so in recent months.
Today we’ll look at the other job survey I’ve been writing about of late. While the “establishment survey” discussed yesterday concerns employment at San Diego businesses, today’s “household survey” measures employment among people living in San Diego regardless of where they are employed. I suspect that the household survey provides a more lagging read on local employment trends, for reasons previously outlined, but it’s still worth looking at to see if we can make sense of any divergences that arise.
As it turns out, the November household survey provided a similar (if more muted) message to the establishment survey. Employment among county residents increased for the month, though it did so by a wee .25 percent. And for the first time in 2009, as the accompanying chart shows, the year-over-year decline in San Diego household employment got a little smaller.
— RICH TOSCANO