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San Diego Job Growth Outpacing Other Southern California Metros

Summer 2017

California job creation has continued but slowed. In May 2017, for the second month in a row, the pace of job gains in the state lagged the broader nation. What is contributing to the slowdown in job growth? The overall economy continues to advance but the state is effectively at full employment with little slack in the labor market. Moreover, it appears that there are not enough qualified candidates to fill job openings in some industries. Meanwhile, as rents and home prices head north, California’s lower wage workers simply cannot afford to live here, adding more strain to an already tight labor market.

 

While major metro areas across California have seen similar deceleration in job gains, San Diego County is now outpacing many other Southern California metros in terms of job creation. Sustained population and employment growth in San Diego have been supported by...



 

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