Thursday, December 1 2022

San Diego County’s unemployment rate fell to 2.7% in May from 3% in April, according to state figures released Friday. Employment Development Department.

May’s unemployment rate was also significantly lower than the May 2021 rate of 6.6%. Rates last month compare to an unadjusted unemployment rate of 3.4% for California and the country during the same period.

According to the EDD, between April and May, non-farm payrolls increased by 8,400 jobs, from 1,507,400 to 1,515,800. Farm payrolls increased by 400 month-over-month.

Leisure and hospitality saw the largest month-over-month increase in payrolls, adding 3,200 jobs. Additions were mostly concentrated in accommodation and food services — up 2,000 — followed by arts, entertainment and recreation with 1,200 added.

Between May 2021 and May 2022, nonfarm employment increased by 83,900, a growth of about 5.9%. Farm employment increased by 200 jobs year over year.

Leisure and hospitality led the year-over-year increase, adding 36,900 jobs. Accommodation and food services increased by 29,200 jobs, while employment in food services and drinking places increased by 22,600 jobs.

Employment increased by 18,100 in professional and business services. Payrolls increased in administrative and support and waste management and remediation services – up 9,600 – and in professional, scientific and technical services – up 9,000. companies reduced employment levels by 500.

All sectors posted year-over-year employment gains, except for manufacturing – which lost 800 jobs during the year – and mining and forestry, which are remained unchanged.

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