L.A. County picks up 29,900 jobs

Government and educational/health services made up 80 percent of the payroll gains from September to October (much of that coming from colleges, universities and professional schools). Trade and transportation also did well (possibly reflecting the pickup in port activity), while construction and manufacturing showed small declines. While a gain is a gain, the limited number of sectors where jobs were added would indicate that the local employment situation remains sluggish at best. Meanwhile, the county unemployment rate was unchanged in October at 12.6 percent, though the city of L.A. was close to 14 percent (not seasonally adjusted).


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Bobcat crossing

New at LA Observed
On the Media Page
Go to Media

On the Politics Page
Go to Politics
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
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
LA Observed on Twitter and Facebook