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San Diego Employment Up, Home Prices Growing

Winter 2018

The San Diego County economy experienced steady job growth between October 2016 and October 2017. Total nonfarm employment increased by 1.2% to reach a total of 1.4 million positions. During this time, the region’s unemployment rate also fell to 3.7%, a 0.9 percentage point drop.

Much of the job growth came from the local Education and Health Care sectors. Combined, these industries added 9,100 jobs from October 2016 to October 2017, a 2.5% increase. The Leisure and Hospitality sector was the third largest contributor, adding a net 2,800 jobs during this time. In terms of percent growth...


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