The county gained 24,300 payroll positions in February, even as the state overall showed a loss of 20,400 jobs. The state and county employment numbers sometimes don't run in sync, especially with the economy going through a kind of zig-zag period between recession and recovery. The unemployment rate, meanwhile, fell slightly to 12.4 percent from 12.5 percent in January. The statewide unemployment rate was unchanged at 12.5 percent. All in all, a status quo report, although the picture might change next month when the impact of the government's hiring of census workers kicks in.
More by Mark Lacter:
Barry Diller's many paychecksSay hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about
Recent stories on LA Observed:
Barry Diller's many paychecksSay hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about
New at LA Observed
Follow us on Twitter
On the Media Page
Go to Media
LA Biz Observed
Go to LA Biz Observed
Sign up for daily email from LA Observed
Last look at Van Nuys location