Daily Business Report — June 17, 2011
Up by 7,500 Jobs Over the Month
Up 11,400 Over the Year
The unemployment rate in the San Diego County was 9.6 percent in May, down from a revised 9.8 percent in April 2011 and below the year-ago estimate of 10.1 percent, according to the state Employment Development Department. This compares with an unadjusted unemployment rate of 11.4 percent for California and 8.7 percent for the nation during the same period.
Between April 2011 and May 2011:
Total nonfarm employment increased from 1,233,600 to 1,240,900, a gain of 7,300 jobs. Agricultural employment gained 200 jobs, or 2.0 percent.
• Financial activities reported the greatest month-over gain, adding 2,600 jobs. Real estate and rental and leasing (up 1,500) accounted for most of the gain, followed by an increase in finance and insurance (up 1,100).
• Six other nonfarm industries also added jobs, but the most significant gains came from leisure and hospitality (up 2,200); trade, transportation, and utilities (up 1,200); and government (up 1,100).
• Two other sectors reported month-over job losses: professional and business services (down 600) and other services (down 300).
Between May 2010 and May 2011:
Total nonfarm employment increased by 11,200 jobs, or 0.9 percent. Agricultural employment gained 200 jobs, or 2.0 percent.
• Professional and business services recorded the greatest year-over gain, adding 6,300 jobs. Administrative and support and waste services (up 3,900) contributed to more than half of the job growth in this sector, followed by professional, scientific, and technical services (up 2,200). Management of companies and enterprises added 200 jobs.
• Four other nonfarm industries also reported employment growth over the year: leisure and hospitality (up 4,600); educational and health services (up 4,200); trade, transportation, and utilities (up 2,200); and financial activities (up 1,800).
• Five other nonfarm sectors posted year-over job losses, but the most notable came from government (down 4,300) and construction (down 1,700).
Internet Marketing SEO Leases Scripps Ranch Space
Internet Marketing SEO Inc. has leased 7,962 square feet of Class A office space at Cush Plaza at 10620 Treena St. in Scripps Ranch. The 65-month lease is valued at $1 million. The property is just under 40 percent leased. Jeb Bakke and Ryan Egli of CB Richard Ellis represented the property owner, Treena Properties LLC. Doug Ceresia, Matt Midura and Josh Buchholz of NAI San Diego, represented Internet Marketing SEO.
SkillStorm Relocates San Diego Headquarters
SkillStorm staffing company has relocated to new office space at 9530 Padgett St., Suite 110, in San Diego. The new office offers a training and development center for its SkillStorm Program for Extreme Employment Development (SPEED) where 10 candidates are selected to compete for technical recruiter positions with the company.Participants enjoy a salary, full accommodations and opportunities to win several prizes, including cash bonuses, throughout the duration of the six-week course. The best of the class are offered full-time positions in one of seven SkillStorm offices nationwide.
Center for Children Gets Grant for Diagnostic Program
The San Diego Center for Children has received a matching grant from the Rose Foundation to finance a behavioral health diagnostic program to be offered to potential residents. The center provides an array of mental health and academic programs for children who have experienced trauma, abuse or who have emotional and/or mental challenges. “Given the complexity of the children we help, we believe that more refined and individualized diagnosis and treatment plans are critical to help ensure each child’s success,” said Cheryl Rode, director of clinical operations. “Until now, no funding has been available at the center to complete as comprehensive a psychological diagnostic assessment as we believe is needed for treatment of children at this high level of care.”
Small Business Workshops
SCORE San Diego continues its series of low-cost workshops. Fees range from $29 to $109, depending on the program. To register online, visit score-sandiego.org. For more information, call (619) 557-7272.
• June 18 – QuickBooks Basic – 9 a.m. to 4 p.m. at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $69, $79 at the door).
• June 18 – Effective Marketing – Identify and Target Your Customers – 9 a.m. to 4 p.m. at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $69, $79 at the door).
• June 21 – Financing Your Business – 9: 30 a.m. to noon at National University in Carlsbad (705 Palomar Airport Road, Carlsbad 92011; pre-paid registration $29, $39 at the door).
• June 22 – Business Plan 201: How to Write a Winning Business Plan – 9 a.m. to 3:30 p.m. at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $99, $109 at the door).
• June 28 – Introduction to Starting Your Own Business – 9 a.m. to 4:15 p.m. at National University in Carlsbad (705 Palomar Airport Road, Carlsbad 92011; pre-paid registration $69, $79 at the door).
• June 29 – Tax Considerations for Small Business – 9:30 to 11:30 a.m. at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $29, $39 at the door).
• June 30 – Business Basics 101 – 9 a.m. to 3:30 p.m. at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; no charge – please pre-register).
The Daily Business Report is produced by REP Publishing Inc., publisher of SD METRO, the North Park News, Kensington News and the West Coast Craftsman. Contact: Manny Cruz (619) 287-1865.