Los Angeles County Unemployment Rate Climbs To 13 Percent

LOS ANGELES (CBS) — The unemployment rate in Los Angeles County edged up to 13 percent in December, up from a revised 12.8 percent in November, the state Economic Development Department reported Friday.

Despite the end of the recession in summer of 2009, according to the National Bureau of Economic Research, unemployment in Los Angeles County was much higher in 2010 than in 2009, when it was 12.3 percent.

Loree Levy with the state Employment Development Department tells KNX 1070 says despite the bad news, there is a silver lining.

Orange County is doing a little better at 8.9 percent, below the 9.3 percent rate in November.

California’s jobless rate was 12.5 percent in December, up from 12.4 percent in November and above the 12.3 rate from December 2009, according to the EDD.

Total nonfarm employment increased by 4,400 jobs in Los Angeles County between November and December to reach nearly 3.8 million.

The largest increases were in the trade, transportation and utilities sectors, which added 3,800 jobs.

A total of 635,000 people were unemployed in December in Los Angeles County, which has a labor force of nearly 4.9 million.

Statewide, 2.27 million people were out of work, up from 2.26 million in November.

(©2010 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

Comments

One Comment

  1. hireoc says:

    With the unemployment rate in Orange County dropping, that’s great news for us. I think with the way things are going in our local economy, professional & service jobs will continue to grow and construction jobs will continue to decline until housing recovers. Overall, I hope our economy continues to improve because this recession is hurting everyone.

    – David

    Find Orange County jobs at http://www.HireOC.com

  2. Dismayed Expat says:

    I am currently living in SE Asia. I left Ohio and the US after getting laid off in Jan2009. I was just so fed up with what the powers-that-be have let our country come to. My wife wants our family to move to LA later this year. I keep trying to tell her what a mess CA is right now, but she just doesn’t seem to comprehend. I’m not only looking at the unemployment rate but also the state income tax rate, LA’s sales tax and the fact that companies are splitting. Salary rates and housing costs are just plain lousy. Golden State my A$$! It’s a nice place to visit but…

Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Los Angeles

KNX 1070 Newsradio
Play.It

Listen Live