Local unemployment averaged 4.7% in pre-pandemic 2015-19.
Southern California’s unemployment rate hit an 11-month low in April., found Los Angeles, Orange, Riverside, and San Bernardino counties had a 4.3% unemployment rate compared with 4.8% in the previous month. It’s likely a seasonal dip, as the rate decreased by 0.3 percentage points in April in the pre-pandemic 2015-19 period.
Consider that April’s rate was the lowest since May 2023, but it’s still higher than the 3.9% joblessness seen in April 2023. Unemployment for the region averaged 4.7% in 2015-19. The four-county tally of unemployed workers was 386,000 – down 50,700 in a month but up 36,600 in a year. The jobless count is 9% above the 424,700 average in pre-pandemic 2015-19.Local bosses had 7.97 million at work in April – up 23,000 in a month, and up 74,600 in 12 months. Local hiring averaged 22,600 in April in 2015-19. March 2024 saw 23,100 employees added.
The past year’s job growth of 0.9% topped the previous 12 months’ 0.6% increase, but it’s slower than the 2.2% hiring pace throughout 2015-19.Job changes in key Southern California business sectors, ranked by one-month change …Restaurants:1,040,100 workers – up 5,200 in a month and up 28,500 in a year.Private education:267,500 workers – up 1,800 in a month and up 6,800 in a year.356,000 workers – up 900 in a month but down 4,200 in a year.
Jonathan Lansner is the business columnist for the Southern California News Group. He can be reached at
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