Spring has sprung in the San Diego job market - March, 2011

San Diego's job market saw huge gains between February and March.

The county grew by 10,700 jobs over the month, and added 24,900 since March 2010, according to yesterday's report from the California Employment Development Department. These are the biggest job gains since the beginning of the recession.

Perhaps more importantly, job gains were distributed widely across industry sectors. Leisure and hospitality gained the most jobs, adding 3,100. Professional and Business Services (including R&D, legal services, architecture and engineering, marketing, and other professional industries) added 2,200. Manufacturing declined slightly, losing 400 jobs. Every other sector showed job growth, including agriculture, which grew by 400 jobs.

The unemployment rate was basically unchanged since February, at 10.2 percent in March. This reflects many residents re-entering the labor force now that the employment situation is brightening. San Diego's unemployment rate remains slightly higher than the national level (9.2 percent) and well below the statewide average (12.3 percent).

via examiner.com

 

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