November 23, 2024 #1 Local News, Information and Event Source for the Century City/Westwood areas.

Seasonally adjusted unemployment rate in L.A. County holds steady

The seasonally adjusted unemployment rate in Los Angeles County held steady at 8 percent in November, compared to the previous month, the state Employment Development Department reported today.

The 8 percent rate was below the 9.4 percent rate from November 2013.

In Orange County, where seasonally adjusted numbers were not available, the unemployment rate was 5 percent, unchanged from October.

The seasonally adjusted unemployment rate for California was 7.2 percent in November, down from 7.3 percent in October and below the 8.4 percent rate in November 2013. The comparable estimates for the nation were 5.8 percent in November, 5.8 percent in October and 7 percent a year ago.

According to the EDD, total nonfarm employment increased in Los Angeles County by 29,400 jobs between October and November to reach more than 4.2 million.

The trade, transportation and utilities sector posted the largest month- over-month gain, adding 18,200 jobs.

About 400,000 people were unemployed in November in Los Angeles County, which has a workforce of about 5 million.

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