*CA unemployment dips

The May jobless rate was 12.4 percent, down a bit from a revised 12.5 percent the previous month. Only Nevada and Michigan are at higher levels. The payroll survey shows a gain of 28,300 jobs, one of the larger state increases for the month. The jobless rate in L.A. County was 12.3 percent, from 12.2 percent in April.

*L.A. County added 6,500 payroll jobs in May. (EDD)


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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