By Jordan Latchford, November 20, 2019
Each month the California Employment Development Department (EDD) releases employment data for the prior month. This edition of San Diego’s Economic Pulse covers October 2019. Check out EDC’s research bureau for more data and stats about San Diego’s economy.
◾The region’s unemployment rate was 2.8 percent in October, up from a revised 2.7 percent in September 2019, and below the year-ago estimate of 3.2 percent
◾The region’s unemployment rate remains lower than both the state and national unemployment rates of 3.7 percent and 3.3 percent, respectively
◾Between September 2019 and October 2019, total nonfarm employment increased from 1,516,200 to 1,525,000, adding 9,400 jobs
◾Between October 2018 and October 2019, total nonfarm employment increased from 1,495,400 to 1,525,600, adding 30,200 jobs
◾Between October 2018 and October 2019, government led the year-over gain, adding 8,200 jobs and mostly driven by growth in local government (up 5,100)
