Skip to content
Advertisement

Unemployment dips in LA County

Advertisement

Los Angeles County’s seasonally adjusted unemployment rate dipped to 6.4 percent in February, down from a revised 6.9 percent in January, according to figures released Friday, March 25, by the state Employment Development Department.

The 6.4-percent rate was also down from the 10.7-percent rate in February 2021.

Statewide, the seasonally adjusted unemployment rate was 5.4 percent in February, down from the 5.7 percent in January and below the 8.6-percent rate from February 2021. The comparable estimates for the nation were 3.8 percent in February, 4 percent in January and 6.2 percent in February of last year.

According to the EDD, total nonfarm employment in Los Angeles County increased by 61,100 jobs between January and February to reach nearly 4.5 million.

The leisure and hospitality sector and education/health services sector led the way, adding 10,500 jobs each.

Year over year, nonfarm employment increased by 324,000 jobs between February 2021 and last month, according to the EDD.

Advertisement

Latest