Los Angeles County unemployment rates
August and September
LOS ANGELES, Calif.—The seasonally adjusted unemployment rate in Los Angeles County held steady at 12.6 percent between August and September, the state Economic Development Department reported today.
The 12.6 percent unemployment rate was above the 12.2 percent rate in September 2009, according to the EDD.
In Orange County, where seasonally adjusted numbers were not available, the unemployment rate was 9.6 percent, the same rate as August.
California's jobless rate was 12.4 percent in September, the same rate as August but up from 12.1 percent in September 2009, according to the EDD.
The comparable estimates for the nation were 9.6 percent in September, 9.6 percent in August and 9.8 percent for September 2009.
Total nonfarm employment increase by 11,600 jobs in Los Angeles County between August and September to reach more than 3.7 million.
The largest increase was in the educational and health services sector, which gained 10,600 jobs.
A total of 615,000 people were unemployed in September in Los Angeles County, which has a labor force of nearly 4.9 million.
Statewide, 2.27 million people were out of work, up slightly from 2.26 million in August.
LOS ANGELES, Calif.—The number of children aged 5 to 9 dropped by 21 percent in Los Angeles County over the past decade, making the county a major contributor to a statewide decline in the population of young children, according to a USC analysis of census data released today.
"We are ground zero of the 'missing children' of California,'' according to study co-author Dowell Myers, a USC professor of urban planning and demography.
LOS ANGELES, Calif.—The seasonally adjusted unemployment rate in Los Angeles County increased to 12.9 percent in November, up from a revised 12.6 percent in October, the state Economic Development Department reported today.
The 12.9 percent unemployment rate was above the 12.3 percent rate in November 2009, according to the EDD.
In Orange County, where seasonally adjusted numbers were not available, the unemployment rate was 9.3 percent, above the 9.1 percent rate in October.
The national unemployment rate remained unchanged at 9.6 percent for the month of October, according to a report released last week by the United States Department of Labor. California ranks third highest in the country, behind Nevada and Michigan, with a 12.4 percent unemployment rate. Nationally, 14.8 million Americans are out of work, with 6.2 million job seekers reporting they have been jobless for 27 weeks or more.
Many United Sates companies and businesses displayed their lack of confidence about hiring for the third consecutive month in July, giving indications that the nation’s economy will continue to grow slowly for the rest of the year. As a result the unemployment rate held steady at 9.5 percent.
Private employers added a net total of 71,000 jobs last month, which is well below the 200,000 or more jobs needed each month to reduce the unemployment rate.
The first Friday of the month is a day when economists like me are riveted to the news. We want to know what’s up with the unemployment rate, and with the changes that have taken place in the last month. Last week, our nation learned that we treaded water. The unemployment rate remained at a high of 9.1 percent, 8 percent for White folks, and 16 percent for Black folks.
Some pundits were jazzed at the rates, thinking that they meant we are doing OK. What’s OK? The real unemployment rate for African Americans is close to 30 percent.
