L.A. unemployment edges up

The August jobless rate in L.A. County was a seasonally adjusted 4.8 percent, up from 4.5 percent in July but still considered quite low for such a large, urban population. The national rate in August was 4.7 percent. Statewide, unemployment was 4.9 percent, down from 6.3 percent in October 2003, when Arnold Schwarzenegger became governor. And yes, it was a campaign topic today. Total nonfarm employment in L.A. County was up 3,300 jobs, to a little over 4 million. Here are the Employment Development Department numbers.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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