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The state added 39,000 payroll positions in October, and the unemployment rate remained unchanged at 12.4 percent (the U.S. unemployment rate stood at 9.6 percent in October). The job gain last month compares with a revised loss of 53,600 jobs in September. Here's the EDD release.
*L.A. County's jobless rate remained unchanged at 12.6 percent.
Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.