July 13, 2024

San Diego’s unemployment rate continues to be lower than California and the United States as a whole.  The bad news is that it’s been on the rise since March.  According to the San Diego Workforce Partnership, in March, San Diego’s unemployment was at 4%, the lowest all year, compared to 5.1% in California and 4.5% in the United States.  By July, San Diego’s unemployment stood at 4.8%, while California was at 5.5% and the United States was at 4.9%.  National City has been hit the hardest.  Most recently the city’s unemployment rate was 9.6%.  Imperial Beach’s unemployment rate was at 7.9% and the lowest rates around San Diego County were Valley Center (2.2%), Del Mar (2.3%), and Poway (2.8%).            San Diego CA real estate

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