Overall unemployment rate moved up to 5.7% with the biggest shift in Business Services, which lost 25,200 roles, based on the most recently available information published in March 2022.

Total employment in the Los Angeles-Long Beach-Anaheim, CA market rose by 363 jobs in January and the unemployment rate increased compared to the prior month by 10 bps to 5.7%. The national unemployment rate increased by 74 bps over the same time to 4.4%.

  • Los Angeles-Long Beach-Anaheim, CA unemployment rate is 127 bps above the national rate which is a negative sign.
  • Unemployment in the market is 580 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in January versus prior month by 5.7% and are up compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Los Angeles-Long Beach-Anaheim, CA Unemployment January 2022

For key employment segments of the market, total jobs declined by -1.7%. Key sectors include:

  • Education & Healthcare: 1,098,100; -5,900
  • Transportation & Utilities: 1,091,400; -24,900
  • Business Services: 959,600; -25,200
  • Government: 720,900; -9,700
  • Restaurants & Hotels: 663,100; -18,500
  • Manufacturing: 461,500; -1,600
  • Financial Services: 323,600; -3,200
  • Construction, Mining: 250,000; -6,200
  • IT & Development: 246,800; -5,600
  • Other Jobs: 192,200; -3,400
Los Angeles-Long Beach-Anaheim, CA Unemployment by Industry January 2022

Data is based on the most recent 12 months available, through January 2022 (Data published March 2022 and reports created on March 18, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.