San Diego employment growth bounced back last month, according to California’s Employment Development Department. As usual, however, the housing boom beneficiary sectors put a damper on things. Employment in the construction and financial sectors were down again down from last year, as the accompanying charts show. But the previously beaten-down retail sales industry actually went positive for the first time in a while, growing by 100 jobs since September 2006 (hey, it’s something).
There’s no doubt that many
There’s no doubt that many saw this coming, but to admit to it post event is obviously anathema. I think the question is what could have been done to prevent it, at what stage, and by whom?