November 22, 2024 The Best Source of News, Culture, Lifestyle for Culver City, Mar Vista, Del Rey, Palms and West Los Angeles

Los Angeles’ Unemployment Rate Down From Last Year’s

The seasonally adjusted unemployment rate in Los Angeles County was 5.1 percent in October, up from a revised 5 percent in September, the state Employment Development Department reported Friday.

The 5.1 percent rate was well below the 6.1 percent rate from October 2015.

In Orange County, where seasonally adjusted numbers were not available, the unemployment rate was 4.1 percent, the same as September.

The seasonally adjusted unemployment rate for California was 5.5 percent in October, the same rate as September but below the 5.9 percent rate in October 2015. The comparable estimates for the nation were 4.9 percent in October, 5 percent in September and 5 percent a year ago.

According to the EDD, total nonfarm employment increased in Los Angeles County by 38,900 jobs between July and August to reach more than 4.4 million. The education and health services sectors posted the largest month-over-month gain, adding 14,600 jobs.

About 263,000 people were unemployed in October in Los Angeles County, which has a workforce of about 5.1 million.

 

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