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Marina del Rey Unemployment Rate Continues To Decline

Los Angeles County unemployment rate decreased from last year.

The unemployment rate in Marina del Rey fell to 5.4 percent in November, mirroring an overall decline throughout Los Angeles County, according to California Employment Development Department numbers released on Friday.

The unemployment rate in L.A. County dropped to 10.2 percent in November, a 1.9 percent decline since November 2011, according to California EDD. 

California's jobless rate was 9.8 percent in November, down from 10.1 percent in October and down from November  2011, when the rate was 11.3 percent, according to the EDD.

The comparable estimates for the nation were 7.7 percent in November, 7.9 percent in October and 8.7 percent a year ago.

Total nonfarm employment increased by 17,400 jobs in Los Angeles County between October and November to reach 3.9 million. The trade, transportation and utilities sector saw the largest gain, adding 15,900 jobs.

A total of 489,000 people were unemployed in November in Los Angeles County, which has a labor force of about 4.8 million. Statewide, about 1.8 million people were out of work, down slightly from 1.85 million the previous month.

 

City News Service Contributed to this report.

vinnie December 21, 2012 at 07:44 PM
lies lies lies and more freaken lies!!!

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