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LA County unemployment rate dips in July
LA County Aug 19, 2022
| Photo courtesy of the California Employment Development Department/Twitter
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Los Angeles County’s seasonally adjusted unemployment rate dipped to 4.9% in July, down from a revised 5.1% in June, according to figures released Friday by the state Employment Development Department.
The 4.9% rate was well below the 9% rate in July 2021.
In Orange County, where seasonally adjusted figures were not available, the July unemployment rate was 2.8%, down slightly from 2.9% in June.
Statewide, the seasonally adjusted unemployment rate was 3.9% in July, down from 4.2% in June and below the 7.4% rate from July 2021. The comparable estimates for the nation were 3.5% in July, 3.6% in June and 5.4% in July of last year.
According to the EDD, total nonfarm employment in Los Angeles County decreased by 24,500 jobs between June and July to reach more than 4.5 million.
The government sector led the way by losing 44,400 positions, due largely to schools going on summer break.
