04/20/2024

LA County, Inland Empire post heavy job losses in January

Los Angeles County and the Inland Empire saw heavy job losses in January following the meager gains that were posted in December, but California still managed to add nearly 10,000 jobs, the state Employment Development Department reported Friday.

L.A. County employers shed 78,700 jobs in January, fueled primarily by a steep decline in seasonal retail positions that were eliminated at the end of the holiday shopping season.

That came in stark contrast to December’s gain of 8,100 jobs. But the region’s unemployment rate dipped to 4.9 percent in January, down from 5.1 percent in December and 5.6 percent a year earlier.

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