San Diego companies continue to produce high-quality jobs for local graduates
San Diego alumni continue to work locally due to expansion of companies offering high-quality jobs
June 04, 2019
- Based on LinkedIn’s alumni network website, the average of the top five San Diego universities have 47 percent of their 2018 and prior graduates working within the San Diego market. An explanation for why San Diego alumni increasingly continue to work locally is from the expansion of companies offering high-quality jobs. In April 2019, there was a 3 percent unemployment rate and the market added 20,400 jobs year-over-year, which both highlights the strength of the market.
- San Diego universities have seen incredible growth over the last 10 years, and we expect this to trend to continue. Besides colleges just granting students degrees they are creating a workforce ecosystem that provides students tools to start their own businesses. Programs such as UCSD’s The Basement, SDSU’s Zip Launchpad, and USD’s pilot program Torero Ventures lab are all examples of how universities are collaborating with incubators to accelerate local startup companies into the community.
Source: JLL Research, LinkedIn Alumni Network, BLS, SDBJ