San Diego economic recovery, latest job numbers

SAN DIEGO (KUSI) – Local businesses recovering after a year of opening and closing. The San Diego Regional EDC stepped in to help many businesses during the COVID-19 pandemic. So how is the San Diego economy doing?

Nate Kelly, senior manager of research shares The COVID-19 employment report just in as of Friday, by San Diego Regional economic development corporation.

There has been 40,000 jobs added since February. 50% makes for the restaurant industry.

Kelley says San Diego’s industry panning in the right direction, from retail, restaurants, finance, leisure and hospitality.

The EDC providing outreach for small businesses, helping owners keep their businesses sustainable and providing COVID-19 financial resources to adjust the books so businesses can hire.

David Lizerbram, co-owner of Old Town Model Railroad Depot has two Paycheck Protection Loans, PPP loans so can keep his trains moving, so his business and employees can stay on track.

Kelley says the economy is moving at robust pace, jobs are there, you just need to apply.

The San Diego Regional continues to help small businesses through COVID-19 resources offering PPP loan guidance and coaching.

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Categories: Coronavirus, Local San Diego News