• en_US
  • es_MX
  • Community Resources
  • About Us
  • Archives
Saturday, May 17, 2025
No Result
View All Result

  • La Jolla Village News
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Arts Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • Beach Bay Press
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Arts Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • Peninsula Beacon
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Arts Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • Downtown News
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Arts Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • Uptown News
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Arts Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • La Mesa Courier
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Arts Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • Mission Times Courier
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Arts Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • College Times Courier
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Arts Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • Mission Valley News
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Arts Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • Home
    • About Us
    • Contact Us
    • Community Resources
    • Report News
  • Publications
    • La Jolla Village News
      • Top Stories
      • News
      • Features
      • Opinion
      • Education
      • Art & Entertainment
      • Sports
      • Business Directory
      • Expert Advice
      • Real Estate
    • Beach Bay Press
      • Top Stories
      • News
      • Features
      • Opinion
      • Education
      • Art & Entertainment
      • Sports
      • Business Directory
      • Expert Advice
      • Real Estate
    • Peninsula Beacon
      • Top Stories
      • News
      • Features
      • Opinion
      • Education
      • Art & Entertainment
      • Sports
      • Business Directory
      • Expert Advice
      • Real Estate
    • Downtown News
      • Top Stories
      • News
      • Features
      • Opinion
      • Education
      • Art & Entertainment
      • Sports
      • Business Directory
      • Expert Advice
      • Real Estate
    • Uptown News
      • Top Stories
      • News
      • Features
      • Opinion
      • Education
      • Art & Entertainment
      • Sports
      • Business Directory
      • Expert Advice
      • Real Estate
    • La Mesa Courier
      • Top Stories
      • News
      • Features
      • Opinion
      • Education
      • Art & Entertainment
      • Sports
      • Business Directory
      • Expert Advice
      • Real Estate
    • Mission Times Courier
      • Top Stories
      • News
      • Features
      • Opinion
      • Education
      • Art & Entertainment
      • Sports
      • Business Directory
      • Expert Advice
      • Real Estate
    • College Times Courier
      • Top Stories
      • News
      • Features
      • Opinion
      • Education
      • Art & Entertainment
      • Sports
      • Business Directory
      • Expert Advice
      • Real Estate
    • Mission Valley News
      • Top Stories
      • News
      • Features
      • Opinion
      • Education
      • Art & Entertainment
      • Sports
      • Business Directory
      • Expert Advice
      • Real Estate
    • Find Your Newspaper
    • Archives
  • News
    • Features
    • Opinion
    • Art & Entertainment
    • Education
    • Local Sports
    • Report News
  • Event Calendar
  • Business Directory
  • Subscribe
  • Advertise
  • Digital Editions/Archives
SDNews.com
Home Features

San Diego unemployment rate slightly increases

Mckenna Aiello by Mckenna Aiello
August 4, 2014
in Features, News, SDNews
Reading Time: 2 mins read
0 0
A A
0
San Diego unemployment rate slightly increases
0
SHARES
74
VIEWS
San Diego unemployment rate slightly increases

McKenna Aiello | Downtown News

June saw a slight increase in the unemployment rate in San Diego County, according to a report released by California’s Employment Development Department (EDD). Coming in at 6.1 percent, this number is up from 5.8 percent during the month of May, which was also the lowest unemployment mark since 2008.

San Diego’s unemployment rate has witnessed a pretty streamlined decline over the past couple of years, but months like June are a testament to its bumps along the way. A July 2014 report released by the San Diego Regional Economic Development Corporation (EDC) says this increase is natural, and nothing to be alarmed about.

“Historically, a rise in the unemployment rate is common in June, as many students and other seasonal workers begin looking for summer employment, thus driving up the labor force …” the report stated. “This trend is expected to continue throughout the summer, but is typical both historically and across the country.”

Of the 1,590,800 San Diegans in the labor force, 96,500 were unemployed in June. Though with 3,200 people entering the labor force from May to June, it should come as no surprise that the total unemployment increased by 3,900, much of which was likely comprised of those newly entering the labor force.

Although the county suffered a small rise in the unemployment rate, the EDC and EDD point out changes in many sectors of San Diego’s employment power that saw a positive increase.

From May to June leading sectors in employment growth included arts, entertainment and recreation – up 1,700; professional, scientific and technical services – up 1,400; and trade, transportation and utilities – up 1,200, according to the EDD report released on July 18.

And like most San Diego summers, the tourism industry accounted for more than 34 percent of the region’s private employment growth, adding 3,000 jobs between May and June and 5,700 jobs within the past year.

While San Diego’s innovation sector of job opportunities, comprised of professional, scientific and technical services, added 1,400 jobs since May and 6,800 jobs since June 2013, Microsoft’s recent announcement of a wide-scale employee cut back could jeopardize this faction in San Diego.

Earlier this month the computer software company announced that 18,000 employees would lose their jobs over the next year. The layoffs will include both factory and professional jobs, but will take the largest stab at phone company Nokia, which Microsoft purchased less than a year ago for $7.2 billion.

Of the 12,500 layoffs expected to come from Nokia, about 378 workers will be let go from its 198,734-square foot San Diego-based Nokia facility located at 16620 West Bernardo Dr., according to a Microsoft official.

“While we plan to reduce the engineering in Beijing and San Diego, both sites will continue to have supporting roles, including affordable devices in Beijing and supporting specific US requirements in San Diego,” Microsoft Executive Vice President Stephen Elop told employees in an email.

For now, the actual impact of Microsoft’s cutbacks on San Diego’s labor force is unclear, but through the rest of summer, “America’s Finest City” can expect a steady decline in unemployment as the local economy adjusts to market changes caused by increased tourism and recreational activities.

Previous Post

To the rescue

Next Post

Judges rule convention center expansion tax unconstitutional

Mckenna Aiello

Mckenna Aiello

RelatedPosts

stevesidell.photography
Beach & Bay Press - Sports

Mission Bay girls lax loses nail-biter in CIF semifinals

by Hector Trujillo
May 17, 2025
mission bay high sports logo
Beach & Bay Press - News

Mission Bay boys lacrosse season ends in playoffs

by Hector Trujillo
May 17, 2025
del mar6
SDNews - Features

Del Mar Thoroughbred Club to start summer racing season July 18

by SDNEWS staff
May 17, 2025
1 sandag bike anywhere day (5)
Beach & Bay Press - Top Stories

WEEKLY BRIEFING – News and events in and around San Diego

by SDNEWS staff
May 16, 2025
2 maritime museum excurion 2
Peninsula Beacon - Features

Peninsula Shepherd Center updates name and outreach efforts to seniors

by Dave Schwab
May 16, 2025
7b41 crawford cover
College Times Courier - News

Third CalKIDS Money Festival set for Saturday at Crawford High

by SDNEWS staff
May 16, 2025
recording studio lunchtime performance may 28, 2024 nelo, rose ali, narmin, harleigh sickles
La Mesa Courier - Top Stories

Making education and music a big hit at Grossmont High School

by Connie & Lynn Baer
May 16, 2025
2016 girls cross country team in action 1024x683
La Mesa Courier - Opinion

Mentality makes a runner

by SDNEWS staff
May 16, 2025
Next Post
San Diego unemployment rate slightly increases

Judges rule convention center expansion tax unconstitutional

Discussion about this post

  • SD News
  • Event Calendar
  • Business Directory
  • Advertise
  • About Us
  • Contact Us
  • Community Resources
  • Staff Writers
  • Subscriptions/Support
  • Publications
  • La Jolla Village News
  • Beach Bay Press
  • Peninsula Beacon
  • Downtown News
  • Uptown News
  • La Mesa Courier
  • Mission Times Courier
  • College Times Courier
  • Mission Valley News
  • Find Your Newspaper
  • Archives
  • News
  • Features
  • Opinion
  • Arts Entertainment
  • Education
  • Local Sports
  • Report News

CONNECT + SHARE

© Copyright 2024 SDNews.com Privacy Policy

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • en_US
  • es_MX
  • SDNews.com
    • About Us
    • Contact Us
  • La Jolla Village News
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Art & Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • Beach Bay Press
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Art & Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • Peninsula Beacon
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Art & Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • Downtown News
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Art & Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • Uptown News
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Art & Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • La Mesa Courier
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Art & Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • Mission Times Courier
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Art & Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • College Times Courier
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Art & Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • Mission Valley News
    • Top Stories
    • News
    • Features
    • Opinion
    • Education
    • Art & Entertainment
    • Sports
    • Business Directory
    • Expert Advice
    • Real Estate
  • Subscribe
  • Advertise
  • Report News
  • Find Your Newspaper
  • Digital Editions/Archives
  • Community Resources
  • RSS Feeds

© Copyright 2024 SDNews.com Privacy Policy