San Diego Housing Market News and Analysis
Two Years in Job Losses
Submitted by Rich Toscano on March 23, 2010 - 6:17pm
Last week we looked at how San Diego's various employment sectors fared during the year 2009. Let's now widen the view a bit and measure job losses (and gains, in a couple cases) for these same sectors since the start of the recession.
Conveniently, for the purpose of this analysis, the recession is designated to have officially begun in December 2007. So we can compare San Diego employment on that date with that of December 2009 without having to worry about the seasonal issues that arise when comparing different calendar months.
The chart below shows the number of jobs lost or gained in San Diego's major employment sectors as defined by the Bureau of Labor Statistics and Employment Development Department:
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|* Rich Toscano is a registered representative of and offers securities and investment advisory services through Girard Securities, Inc., a registered Broker/Dealer, Registered Investment Advisor, and member FINRA/SIPC. Pacific Capital Associates is not a subsidiary or affiliate of Girard Securities. The views and opinions expressed on this site are not those of Pacific Capital Associates or Girard Securities, Inc. The information on this site should not be construed as investment advice.|