San Diego County continues to lose jobs, according to the report for July issued today (Aug. 15) by the state's Employment Development Department. Nonfarm employment declined by 9,100 between June and July of this year. The county lost 4,600 jobs from July of 2007. Construction jobs were down 7,500 over the last year and financial jobs were down 4,700. Because of the school recess, government jobs were down 10,400 from June of this year. The unemployment rate was 6.4 percent in July, above the revised 6.0 percent of June and well above the 4.9 percent of a year ago. The July rate for California was 7.6 percent and for the nation 6.0 percent. Job growth has now been shrinking in four of the last five months. Average employment was down for the first half of this year.
San Diego County continues to lose jobs, according to the report for July issued today (Aug. 15) by the state's Employment Development Department. Nonfarm employment declined by 9,100 between June and July of this year. The county lost 4,600 jobs from July of 2007. Construction jobs were down 7,500 over the last year and financial jobs were down 4,700. Because of the school recess, government jobs were down 10,400 from June of this year. The unemployment rate was 6.4 percent in July, above the revised 6.0 percent of June and well above the 4.9 percent of a year ago. The July rate for California was 7.6 percent and for the nation 6.0 percent. Job growth has now been shrinking in four of the last five months. Average employment was down for the first half of this year.