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L.A. County Unemployment Rate Holds Steady
By City News Service
Published April 24, 2014

The seasonally adjusted unemployment rate in Los Angeles County held steady at 8.7 percent in March, compared to the previous month, the state Employment Development Department announced on Friday April 18. (AP file photo)

 

The seasonally adjusted unemployment rate in Los Angeles County held steady at 8.7 percent in March, compared to the previous month, the state Employment Development Department announced on Friday April 18. The 8.7 percent unemployment rate was below the 10.1 percent rate in March 2013, according to the EDD.  In Orange County, where seasonally adjusted numbers were not available, the unemployment rate was 5.8 percent, down slightly from 5.9 percent in February.

California’s jobless rate was 8.1 percent in March, the same as February but below the 9.2 percent rate in March 2013, according to the EDD. The comparable estimates for the nation were 6.7 percent in March, 6.7 percent in February and 7.5 percent a year ago. Total nonfarm employment increased by 18,900 jobs in Los Angeles County between February and March to reach nearly 4.2 million. The government sector accounted for the bulk of the increase, adding 5,700 jobs, according to the EDD.

About 431,000 people were unemployed in March in Los Angeles County, which has a labor force of nearly 5 million. Statewide, 1.5 million people were unemployed, up slightly from February.

Categories: Local

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