The California Employment Development Department’s latest estimates
indicate that, after adjusting for seasonal factors, San Diego
employment declined slightly in April. The EDD also
revised the estimate of March employment downward.
Between the March revision and the April
decline, there has been effectively no job growth since February:
http://www.dumpyourphoto.com/
http://www.dumpyourphoto.com/files2/59932/aCHNPr.jpg
I superimposed a chart of Zestimated housing prices over Rich’s seasonally adjusted San Diego employment levels just to see what it would look like. Its a little sloppy, but the yellow line is San Diego and the Orange in California.
The only scale that really matches between the two charts are the dates. Still interesting, imo.
Once again, thanks for the charts and analysis Rich!
(No subject)