SAN DIEGO—SanDiego Regional EDC reports that San Diego'sunemployment rate dropped to 3.3% in November,adding 12,100 non-farm jobs counting for 50,038 unique job postingssince October. Seasonal hiring is largely responsible for thismarket's impressive job-growth numbers, which could cause wages toincrease as well, according to Manpower SanDiego's president and CEO Phil Blair.
“Seasonal hiring helped push the unemployment rate to a low wehaven't seen in 17 years,” said Blair in a prepared statement. Headded that with the labor market this tight, wages can only goup.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
