“More significant were the cuts in the real estate industry, continuing a five-month decline. January’s job cutbacks included 2,500 construction workers, 700 real estate workers and 1,100 workers at furniture and home-improvement stores.”
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“The report showed that only 13,000 jobs were created between January 2006 and January 2007, which is low for a county this size.
“Not too long ago, we were adding about 20,000 jobs per year, and there have been times in the past when we’ve added as many as 50,000,” said Kelly Cunningham, an economist with the San Diego Institute for Policy Research. ”