Los Angeles California Unemployment Rate
Unemployment Is Falling Everywhere Except The Northeast What Gives Unemployment Rate Unemployment Finance Blog
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Other southern california counties also saw large unemployment spikes in the latest report with san bernardino s rate hitting 13 4 orange county at 13 8 ventura s at 14 and riverside s at 15 3.
Los angeles california unemployment rate. The current unemployment rate for los angeles is 16 8 in august 2020. The unemployment rate reported by the bureau of labor statistics bls is the percent of people in the labor force who are unemployed the labor force is essentially the pool of currently available americans. Los angeles ca unemployment.
The seasonally adjusted unemployment rate in los angeles county decreased over the month to 15 1 percent in september 2020 from a revised 16 4 percent in august 2020 and was above the rate of 4 3 percent one year ago. Civilian employment increased by 43 000 to 4 171 000 in september 2020 while unemployment decreased by 65 000 to 743 000. Los angeles county with a jobless rate of 15 1.
Understanding the severity and trends of unemployment in los angeles county is vital to ensuring the overall well being of communities. Los angeles long beach glendale ca. See how other local areas compare by using our unemployment compare tool.
Los angeles long beach glendale ca. Following the 2008 financial crisis the los angeles ca unemployment rate reached as high as 13 9 in 2010. Unemployment rate and labor force data for all current regional planning units as classified by the california workforce development board.
California s unemployment rate fell to 11 in september. The los angeles ca unemployment rate measures the percentage of total employees in los angeles ca that are a part of the labor force but are without a job. California s unemployment was higher than the nation s average after the financial crisis largely due to construction jobs.
Since 2005 the unemployment rate in los angeles california has ranged from 4 0 in may 2019 to 21 0 in may 2020. California demographic labor force summary tables 12 month moving average detailed demographic data from the bureau of labor statistics current population survey. Data series back data may 2020 june 2020 july 2020 aug 2020 sept 2020 oct 2020.
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