San Diego employment was essentially flat in September, according to the Employment Development Department’s latest estimates. A look at monthly employment over the past four years shows that, after an anemic and very brief recovery move earlier in the year, the job climate remains quite poor:
Here’s a look at year-over-year job growth, distinguishing between government, housing bubble-related sectors, and the rest of the private sector. The non-bubble private sector managed to eke out a small annual gain for only the second time since late 2008. But that gain wasn’t enough to offset losses in the bubble sectors and government, so overall employment remained slightly below its September 2009 levels.
The county’s unemployment rate was 10.6 percent, also unchanged from August.
Please contact Rich Toscano at rtoscano@pcasd.com and follow him on Twitter at http://twitter.com/richtoscano.