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San Diego employment was up in November, per the Employment Development Department’s latest estimates:

Employment grew even when adjusting for the seasonal influence of holiday hiring that usually takes place this time of year:

On a year-over-year basis, total San Diego employment was up by 26,600 jobs, or 2.2 percent — the fastest annual growth rate since the pre-recession days:

San Diego has now recouped about 37 percent of the job losses that took place in the aftermath of the recession:

That is progress, but this recovery will have to continue for quite some time if we are to return to peak employment.

Rich Toscano is a financial advisor with Pacific Capital Associates*.  He can be contacted at rtoscano@pcasd.com.

Rich Toscano

Rich Toscano has been observing the housing market for Voice of San Diego, with the occasional prolonged absence, since 2006. Follow him on Twitter at...

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