SoCal construction bosses had 754,500 workers in January 2024 – off 12,700 for the month
The usual start-of-the-year drop in Southern California real estate jobs this year was 14% larger than the norm.
In pre-pandemic 2015-19, an average 11,120 jobs were cut in January. Note that many people who work in the real estate world are self-employed and not tracked by traditional government job counts. Real estate’s big employer, construction, cut 9,900 workers in the month but was up 14,000 over 12 months, or a 4% gain.
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