Last week we learned that the region lost almost 55,000 jobs between June 2008 and June 2009. The chart below indicates how largest San Diego sectors fared over that time period:
That chart looks a lot different from older versions in which the bubble-related sectors were the only ones racking up the big losses.
The above chart is intended to provide an idea as to what sectors are having the greatest effects on overall San Diego employment. This next one looks at the health of individual industries by measuring percent change in each sector's employment over the past year:
It's kind of surprising to me that financial industry employment has dropped by only 2.5 percent over the past year. The sector had admittedly already taken some big hits through June 2008, but considering that a good chunk of the financial industry imploded and had to be nationalized last year, a 2.5 percent loss of employment seems kind of tame. I guess those are your bailout tax dollars at work.
Finally, here's an updated look at how much each sector contributes to overall San Diego employment:
