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The San Diego County unemployment rate dropped to 10.4% in April from a revised 11% in March, according to the state Employment Development Department. This compared with 12.3% for California and 9.5 for the U.S. during the same period. Construction jobs were up 0.9% for the month, but down 7.4% from a year earlier. Manufacturing jobs were down 0.2% from March and down 6% from a year ago. Retail jobs were down 0.5% over the month and down 2% from a year earlier. Financial jobs were up 0.1% from March but down 3.7% from 12 months earlier. One big surprise was leisure and hospitality jobs, up 0.7% for the month but down 1.4% over 12 months. Tourism jobs were up 1 percent from March despite continuing weak tourism numbers. Those jobs are down 2.3% over 12 months.

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Comments

MURPHYJUNK May 22, 2010 @ 8:49 a.m.

my brief survey shows the same empty businesses on my drive to work, same amount of illegals hanging out looking for work, same amount of street people ( bums ) hanging out

I think the term "dip" is more about the persons at Employment Development Department. making the survey

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Don Bauder May 22, 2010 @ 3:27 p.m.

Response to post #1: Those unemployment stats jump around. If more people join the work force, the unemployment rate is likely to go up even if a large number of jobs have been gained. The grim picture that you paint is an accurate one and isn't captured adequately in the stats. Best, Don Bauder

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SurfPuppy619 May 22, 2010 @ 5:18 p.m.

Those unemployment stats jump around

It only jumps around on the "official" UE rate-the U-3 rate. The gamed UE rate.

The U-6 UE rate. the true UE rate, accounts for those who have been out of work longer than 6 months, as well as part timers who are looking for and need f/t employment.

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Don Bauder May 22, 2010 @ 9:08 p.m.

Response to post #3: The underemployment number is very scary. Best, Don Bauder

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Don Bauder May 23, 2010 @ 1:09 p.m.

Response to post #5: On a seasonally adjusted basis, U-6 rose from March to April nationally. Best, Don Bauder

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