Southern California unemployment at 4% lowest in 33 months HEAD TOPICS

Southern California unemployment at 4% lowest in 33 months

10/22/2022 12:51:00 AM

Southern California unemployment at 4% lowest in 33 months

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L A Daily News

Southern California unemployment at 4% lowest in 33 months The local job market remains tight despite the Federal Reserve’s attempt to cool the national economy with steep interest-rate hikes. UPDATED:October 21, 2022 at 3:04 p.m.Southern California’s unemployment fell to 4% in September, the lowest rate in 33 months.My trusty spreadsheet, looking at newly released state jobs data, found joblessness in Los Angeles, Orange, Riverside and San Bernardino counties declined from 4.4% in August and 6.9% a year earlier. It was 4.4% in February 2020, the month before the coronavirus upended the economy. The last time the rate was lower was in December 2019, when it fell to 3.9%. Southern California’s job market remains tight despite the Federal Reserve’s attempt to cool the national economy with steep interest-rate hikes. Low unemployment means hiring challenges for bosses.September had 7.9 million Southern Californias at work — up 328,900 in 12 months but still 7,300 below pre-pandemic February 2020. Read more:
L.A. Daily News » Morning quake strikes off San Clemente Island coast New Southern California Exhibitions Reveal Riches of Art and Tradition Metrolink prepares riders for chance of big earthquake while riding train Woman Charged With Benefits Scam Using Scott Peterson's Name

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We're getting to know our very own Cindy Hsu a little better with a series of rapid-fire questions. Read more >> Morning quake strikes off San Clemente Island coastA 3.8-magnitude earthquake struck off the Southern California coast on Thursday morning. New Southern California Exhibitions Reveal Riches of Art and TraditionSeveral museums in Southern California are celebrating Latino and Chicano art and artists across various mediums. Metrolink prepares riders for chance of big earthquake while riding trainHow well would the Metrolink system in Southern California handle a big earthquake? Interesting seeing as you just posted this too. If you’re on a train in a 8.5+ earthquake it’s over Who rides it? Woman Charged With Benefits Scam Using Scott Peterson's NameA California woman has been charged with using the names of convicted killers, including Scott Peterson, to collect more than $145,000 in fraudulent unemployment benefits. Repairs could halt California rail service into DecemberMetrolink and Amtrak train services could be suspended through December during repairs due to shifting ground beneath a stretch of seaside track in Southern California. Biden’s approval rating: Numbers remain low, new poll showsLess than a month before U.S. midterm elections, President Joe Biden’s approval rating remains stuck near the lowest numbers of his presidency, according to a new poll. Depends on the poll. I saw one today that says the opposite of this. The man has been a disaster for the country and its people. “Lowest numbers of his presidency” is a generous way of saying, “lowest numbers of any presidency” October 21, 2022 at 2:49 p.earthquake struck off the Southern California coast on Thursday morning.Fine Arts & Exhibits special section on how museums, galleries and auction houses are embracing new artists, new concepts and new traditions.