L.A. County unemployment rate in April slightly falls

Unemployment
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Los Angeles County's seasonally adjusted unemployment rate dipped slightly to 5.3% in April, down from 5.4% in March, according to figures released Friday by the state Employment Development Department.

The 5.3% rate was above the rate of 4.8% rate from April 2023.

The April 2024 unemployment rate in Orange County, where seasonally adjusted rates were not immediately available, was 3.7%, down from 3.9% in March.

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Statewide, California's seasonally adjusted unemployment rate was 5.3% in April, the same rate as March but above the 4.5% rate in April 2023, the EDD reported. The comparable estimates for the nation were 3.9% in April, 3.8% in March and 3.4% a year ago.

Total non-farm employment in Los Angeles County increased by 18,100 jobs between March and April to reach nearly 4.6 million.

The leisure and hospitality sector posted the largest gains, adding 7,300 jobs and marking its largest monthly increase in the past year.

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Featured Image Photo Credit: Getty Images