Category Archives: Job Growth

September 2016 employment summary

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us-october-employment-update-2016-jll-1 September was relatively average, but fundamentals are steady
  • September saw 156,000 net new jobs created. While relatively average and not up to the consistent 200,000+ seen throughout much of 2014 and 2015, momentum nevertheless remains.
  • Monthly additions were brought down due to contraction in government and slowdowns in very large sectors such as education and health
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San Diego Employment Update | September 2016

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Between August 2015 and August 2016, total nonfarm employment in San Diego County increased by 25,100 jobs, or 1.8 percent.

  • Government reported the largest year-over-year gain, adding 6,200 jobs, an increase of 2.7 percent. Local government accounted for 4,000 of those jobs
  • Leisure & Hospitality saw the largest growth by percentage with a 3.1 percent year-over-year increase.
  • Construction was the only sector to post a year-over-year decrease, losing a
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San Diego employment update │ November 2015 [REPORT]

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San Diego employment continues to increase as total non-farm employment grew by 40,200 jobs, or 2.9 percent year-over-year. The latest employment update highlights the continued trend of employment growth and jobs continuing to be created in the market.

Professional and business services recorded the greatest year-over gain with 10,300 jobs, followed by education and health services which… Read More

San Diego employment update │ October 2015 [REPORT]

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San Diego employment continues to increase as total non-farm employment grew by 46,9 00 jobs, or 3.4 percent year-over-year. September employment update reports highlight that growth trend is solid and jobs continue to be created in the market.

Professional and business services recorded the greatest year-over gain with 10,700 jobs, followed by leisure and hospitality services increasing by 10,100 jobs. Between the… Read More

Expansionary leasing is driving supply constraints as tenants await 2016 deliveries [REPORT]

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With the economy growing at its fastest pace in the current cycle, employers across industries are adding jobs, especially in urban and dense markets where talent is migrating. As a result, expansionary activity remained the dominant driver of leasing in the third quarter, accounting for 57.9 percent of lease transactions.

This growth has left primary markets challenged by significant supply constraints, creating a competitive environment for tenants, with higher costs and fewer options. However, secondary… Read More

Q3 2015 San Diego Office Market Statistics: Rents continue to rise as absorption remains muted

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Our Quarterly Office Statistics reports provide detailed office real estate leasing data for the various metro areas we cover on a quarterly basis. Data includes inventory, completions, vacancy, rents, absorption, and new construction for buildings at the overall metro and submarket level categorized by class.

Click here for more market insight on our San Diego research group… Read More

San Diego employment update │ September 2015 [REPORT]

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San Diego employment continues to increase as total non-farm employment grew by 42,400 jobs, or 3.1 percent year-over-year. August’s jobs report displays that the growth trend is stable and jobs continue to be created in the market.

Professional and business services recorded the greatest year-over gain with 11,500… Read More

San Diego employment update │ August 2015 [REPORT]

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San Diego employment continues to increase as total non-farm employment grew by 48,200 jobs, or 3.6 percent year-over-year. July’s jobs report is welcome news and signals that growth is back on track after the recession.

Employment gains were led by the professional and business services sector followed by leisure and hospitality. These sectors

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Construction tops annual percentage growth in jobs halfway through 2015

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Click here for more market insight on our San Diego research group web page.

Share this: Construction tops annual percentage growth in jobs halfway through 2015 http://bit.ly/1EdPQ0u… Read More

San Diego employment update │ July 2015 [REPORT]

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San Diego 12-month job growth ended the second quarter on a very positive note, adding more than 38,500 jobs to the County.

Professional and Business Services services saw the largest gains, adding 9,400 new jobs over the last 12 months. Education and Health Services also continued its consistent growth, adding 7,800 new jobs.

Please note that all charts and graphs reflect the most up-to-date… Read More