11/24/2024

LA Unemployment Climbs Back Over 10 Percent

Los Angeles County’s unemployment rate climbed back into double digits in August, reaching 10.1 percent, according to state figures released Friday.

The state Employment Development Department reported that the August unemployment rate rose from 9.9 percent in July. The jobless rate remained below its 10.9 percent level of a year ago.

The August increase came as more than 12,000 people entered the labor force looking for work, countering the gains made by 6,000 previously unemployed residents who reported they were working.

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