California and Los Angeles Unemployment Rate at stunning 11.9%

Unemployment data for individual state and regions were released Friday and for California  and Los Angeles County was at 11.9% the highest rates since World War II for July. This reverses the trend in June where the unemployment rate dropped ever-so-slightly from 11.4%.

The total numbers lost in the state is 35,850 jobs; the highest total of any US state or territory. The good news ( if you want to call it that) the monthly number is down nearly 30,ooo. Previous numbers: June was 66,500 and May 68,900. The  rates of job losses have decreased significantly.

Locally the rates in Los Angeles County also 11.9% up seven-tenth of percentage point from the previous rate at 11.2%

In San Bernadino  and Riverside County (a/k/a Inland Empire) is an incredible 14.3%. These losses are due to construction, finance, international trade.

In Orange County the unemployment rate is a 9.5% comparable to New York City by percentage only. Actual number was 7,900 out of work.

In Ventura County the jobless rate is 10.9% with 8,000 people looking for work.

California remains one of the hardest hit states in the country.

Los Angeles Times

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One response to “California and Los Angeles Unemployment Rate at stunning 11.9%

  1. Can’t remember where, but I read the tru, underlying figure is over 20%.

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