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

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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