Official unemployment figures for the San Diego economy were updated today. Numbers for January have been finalized and preliminary figures for February have now been made available.
January
The unemployment rate increased to 4.7% in January. 30,433 positions were lost, and 27,402 workers left the labor force causing the unemployment rate increase. Nonfarm payrolls fell by 16,600. No individual sector saw significant employment changes.
February (preliminary)
The unemployment rate fell to 4.5% in February. 16,402 positions were added, with only 14,947 workers entering the labor force causing the unemployment rate decrease. The overall Nonfarm Payrolls figure did not change significantly. No individual sector saw significant employment changes.
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