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Local unemployment stays at 4.7 percent

But almost 40,000 jobs created since last year

The county's unemployment rate remained at 4.7 percent in March, according to the state Employment Development Department. The county gained 9300 jobs between February and March.

Leisure and hospitality jobs rose by 3000 in the month. The big gainer in that category was the advance in food services and drinking places. Shouts of "bottoms up!" are gaining volume, seemingly. Construction jobs were the only decliners, with a drop of 300.

The county gained 39,700 jobs from March of last year to March of this year.

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The county's unemployment rate remained at 4.7 percent in March, according to the state Employment Development Department. The county gained 9300 jobs between February and March.

Leisure and hospitality jobs rose by 3000 in the month. The big gainer in that category was the advance in food services and drinking places. Shouts of "bottoms up!" are gaining volume, seemingly. Construction jobs were the only decliners, with a drop of 300.

The county gained 39,700 jobs from March of last year to March of this year.

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10

Not surprised to see the big increase in food service and drinking establishments, Don. Seems the goal here in Sandy Eggo these days is to have a craft beer tavern on every block. Of course, the problem with that is when you cut the pie into too many pieces, nobody gets enough to survive. Only time will tell.

April 15, 2016

Javajoe25: The phenomenon you describe is universal in the capitalist system. One company innovates with a very successful product. Venture capital pours into similar companies. Pretty soon there is a surfeit and a crash.

A good example was in the 1990s. Entirely too much capital and brain power rushed into tech, because stocks were soaring, and billionaires were showing up all over. Tech stock prices were utterly absurd in early 2000. Those prices came down 80 percent in the crash that followed. Best, Don Bauder

April 15, 2016

Mostly low wage jobs, regrettably. Try finding a job as an electronics engineer in this town-- It's darn near impossible if you are over 50! It is pretty tough for us right now.

Go outside San Diego, or even better outside California and the job markets are so much stronger.

It is very expensive to live in San Diego, and companies do not want to move here and pay the high salaries. We may become a tourist town again with lots of low wage jobs, and no tech industry unless something is done to address the high cost of living here.

April 15, 2016

hwstar: San Diego has a pretty good collection of techs and biotechs and they have better salaries than other kinds of businesses.

One reason companies don't want to move to San Diego is the very high cost of living that is not offset by very high salaries, as it is in Silicon Valley and San Francisco. Best, Don Bauder

April 15, 2016

and as usual, not taking into account the persons that are now "off the books"

April 16, 2016

Murphyjunk: True: Too much work is done off the books. The result is the underground economy. One wonders what our gross domestic product would be if we attempted to count all that subterranean money floating around. Best, Don Bauder

April 19, 2016

Economists and politicians all talk about jobs but they never talk about what kind of jobs or what they pay or what kind of benefits there are. San Diego can not exist on tourism and low wage jobs. The middle class is being squeezed out and becoming the working poor. San Diego will become the poster child for the new two class system of the haves and the working poor.

April 16, 2016

AlexClarke: The unemployment rate can be misleading, because people are working for ever-lower wages. That is one reason you have to look at median household income. Nationally, it has sunk. Ditto for San Diego. The middle class is shrinking. Best, Don Bauder

April 19, 2016

When the country's goin' down the toilet, when fantasy beats the hell out of reality, alcohol and other drug consumption goes up. Buy alcohol and movie stocks. Be a cynic and get rich off the riff-raff.

April 20, 2016

Flapper: But there are some dogs among the alcohol and movie stocks, Best, Don Bauder

April 20, 2016

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4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
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