Sep 19, 2008 11:19 am US/Pacific
Los Angeles, State Unemployment Rates Jump
LOS ANGELES and SACRAMENTO (AP) ―
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People in line, silhouetted, over help Wanted ads
AP
The seasonally adjusted unemployment rate for Los Angeles County rose to 7.9 percent in August, up from 7.5 percent in July and above the 5 percent rate in August 2007, state officials reported Friday.
The state's unemployment rate also jumped to 7.7 percent this month from a revised 7.4 percent rate in July, according to the Employment Development Department.
In Orange County, where seasonally adjusted numbers were not available, the jobless rate was 5.8 percent, up slightly from 5.7 percent in July.
The comparable estimates for the nation were 6.1 percent in August, 5.7 percent in July and 4.7 percent in August 2007.
Between July and August, total nonfarm employment increased by 800 jobs to just less than 4.1 million in Los Angeles County. Government employment posted the largest month-to-month decline, losing 9,700 jobs, while the information sector saw the largest gain, adding 9,000 jobs -- primarily in the motion picture and sound recording industries.
A total of 390,000 people were unemployed in August in Los Angeles County, which has a labor force of 4.94 million.
Statewide, more than 1.4 million people were out of work -- up slightly from July.
(© 2008 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)
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