L.A. County October unemployment rate slightly increases

Unemployment
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Los Angeles County's seasonally adjusted unemployment rate rose to 5.2% in October, up slightly from a revised 5.1% in September, according to figures released Friday by the state Employment Development Department.

The 5.2% rate was above the 4.7% rate from October 2022.

In Orange County, where seasonally adjusted numbers were not available, the October unemployment rate was 3.7%, the same as the previous month.

Statewide, the seasonally adjusted unemployment rate was 4.8% in October, 4.7% in September and 4.1% in October 2022. The comparable figures for the nation were 3.9% in October, 3.8% in September and 3.7% a year ago.

Total nonfarm employment in Los Angeles County increased by 51,900 positions between September and October to reach nearly 4.7 million. The private education and health services sectors led the way, adding a total of 15,500 jobs, according to the EDD.

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Featured Image Photo Credit: Getty Images