Unemployment in L.A. County Drops Below 9 Percent

The 8.9 percent unemployment rate was below the 10.3 percent rate in January 2013. But it's still higher than the state average.

Patch file graphic.
Patch file graphic.

The seasonally adjusted unemployment rate in Los Angeles County decreased to 8.9 percent in January, down from a revised 9.2 percent in December, the state Employment Development Department announced today.

The 8.9 percent unemployment rate was below the 10.3 percent rate in January 2013, according to the EDD.

California's jobless rate was 8.1 percent in January, down from 8.3 percent in December and below the 9.5 percent rate in January 2013, according to the EDD.

The comparable estimates for the nation were 6.6 percent in January, 6.7 percent in December and 7.9 percent a year ago.

Total nonfarm employment decreased by 62,600 jobs in Los Angeles County between December and January to reach 4.1 million. The trade, transportation and utilities sector accounted for the bulk of the decrease, losing 17,900 jobs, according to the EDD.

--City News Service

Allan March 08, 2014 at 09:19 AM
How many unemployed have just stopped looking for work and are therefore not counted? How many jobs have left the city for less expensive cities within the state or have left the state, taking jobs with them? City of L.A. better become much more business friendly if those number are going to reach a very significant level.
Maria Fotopoulos March 08, 2014 at 03:46 PM
According to the Economic Policy Institute, if "missing" workers were counted in the official unemployment numbers, the national unemployment rate would be more like 10 percent, not the 6.7 percent reported by the Bureau of Labor Statistics for February. bit.ly/1ntegfy
Autumn March 10, 2014 at 03:24 AM
Let me tell you what it's like: I was laid off last May. I am 47 years old and I have never been fired, laid off or out of work since the age of 15. I am a College Graduate, I can't find a job and I am nit willing to take a pay cut nor will I lower myself to signing up for Obamacare. I don't know who's a bigger ass him or the ass I worked for.


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