Community Corner

Unemployment Rate Falls to 4.4 Percent in Coronado

The community's jobless rate far outpaces the higher rates in the region, the state and the nation.

The unemployment rate in San Diego County in April was 7 percent, down from a revised 7.7 percent in March and below the estimate of 8.6 percent in April 2012, the state Employment Development Department reported.

Once again Coronado's rate, 4.4 percent, far outperformed the unemployment statistics in the region, state and nation. It also is better than the same time a year ago when the rate was 5.5 percent in Coronado, and the March 2013 figures, when the percentage stood at 4.9

Statewide, the unemployment rate was 8.5 in April and 7.1 percent nationwide. Neither the state or federal figures are seasonally adjusted. 

The leisure and hospitality industry, a key job source in Coronado and the region, recorded the largest gain in San Diego County between March and April, adding 2,400 positions, according to the EDD.

Jobs in accommodation and food services accounted for about 75 percent of the growth in that sector.

About 2,300 jobs were also added over the month in the trade, transportation and utilities sector, the EDD reported. About 2,000 positions were lost in the professional and business services sector, mainly in professional, scientific and technical services.

According to the EDD, 111,900 San Diegans were unemployed last month, out of a civilian labor force of about 1.6 million. The figures are not seasonally adjusted.

The labor force in Coronado is made up of 9,000 people, the state estimates, 400 of whom are out of work.

– City News Service contributed to this report.


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