San Diego Region Has Second Fastest Growing Economy in State

The greater San Diego region is the second-fastest growing economy in the state, the California Employment Development Department said Wednesday, with the area expected to add 206,000 jobs by 2022.

The state labor department said the Southern Border region, anchored by San Diego, has seen 3.6 percent growth in nonfarm payroll in the year since July 2014, close behind the San Francisco area’s 4 percent.

San Diego’s expected job growth included jobs added since 2012. The largest contributions were anticipated to come from hospitality and tourism, at 38,000 jobs.

The EDD said the entire state added 494,000 nonfarm jobs in the past year, nearly double the next best state, Florida, which added 271,500 jobs. Texas came in third with 260,500. California should add another 732,000 jobs by the second quarter of 2016, according to the agency.

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