Local Jobless Rate Lowest Since January 2009

The unemployment rate in Poway dropped to 5 percent in September.

The unemployment rate in Poway last month dropped to its lowest level in almost four years, according to data released Friday by the state Employment Development Department.

September’s unemployment rate was 5 percent, down from 5.3 percent in August and 5.9 percent in September 2011. The last month the local rate dipped to 5 percent was January 2009.

Poway’s jobless rate continues to be among the lowest in the county, which was 8.4 percent last month, and the state, 9.7 percent. The nationwide unemployment rate was 7.6 percent during the same period, according to the EDD.

The figures were not adjusted to reflect seasonal hiring trends.

San Diego County gained 200 nonfarm and 100 agricultural jobs in September, with government adding the most at 6,400 jobs. Two-thirds of the government jobs were local, primarily in education, according to the EDD. State government added 2,300 jobs and the federal workforce neither added nor subtracted jobs last month.

The hospitality industry shed jobs in September, losing 5,400 positions in the county, mostly in restaurants and bars.

The county job market added 28,000 nonfarm jobs between September 2011 and September 2012, with professional and business services leading the year-over gain with 9,200 jobs. Manufacturing was the only sector to shed jobs in the 12-month period, down 1,900 jobs, according to the EDD.   


More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something