Unemployment Edges Downward; A Few Bright Spots
JOBS: Temporary Work Leads as Early Indicator of Improvement
Mike Allen, SAN DIEGO BUSINESS JOURNAL
Monday, November 28, 2011
Kelly Cunningham, economist with National University System Institute for Policy Research, a nonprofit research center, said San Diego's seaonally adjusted job growth since January 2011 was 22, 300. This is second highest job growth for any region in California outpaced only by the San Jose area, in the heart of Silicon Valley, which showed a net gain of 25,000 jobs so far this year.
While the numbers are certainly trendingin the right direction, "it's frustratingly slow," Cunningham said. "After falling into such a deep recession, we should be coming out of it...It's an improvement, but because we fell so far, it turns out to be a lackluster recovery at best."