Earlier this month, we saw that San Diego employment declined on a year-over-year basis in March — something that hadn’t happened during the last recession (nor for 15 years, according to the U-T).
The accompanying graph shows how many jobs were added year-over-year by the top four sectors for employment growth how many were lost by the bottom four sectors. Over each bar, I have noted the average hourly wage within that sector (for some reason, the BLS site does not report government sector wages — perhaps they consider that a little too personal).
It may be more illustrative
It may be more illustrative to multiply # of jobs and hourly wage for each category, and have the length of the bars represent the product. The resulting plot ($/hr of wages gained or lost city-wide) would show drastically reduced $$$ going into the community.
Thanks for great info Rich.
Thanks for great info Rich. Good point Ash. I would guess that if one had the Government wage numbers (which I would guess might average in the low $20 range) that the jobs lost were higher paying on average than jobs gained.
If anyone wants to take a
If anyone wants to take a crack at this idea these two pages will get you started:
http://data.bls.gov/PDQ/outside.jsp?survey=sm
http://www.bls.gov/iag/tgs/iag_index_naics.htm
Rich