Overall unemployment rate moved up to 4.6% with the biggest shift in Transportation & Utilities, which lost 23,900 roles, based on the most recently available information published in March 2023.

Total employment in the Los Angeles-Long Beach-Anaheim, CA market rose by 4,257 jobs in January and the unemployment rate increased compared to the prior month by 70 bps to 4.6%. The national unemployment rate increased by 60 bps over the same time to 3.9%.

  • Los Angeles-Long Beach-Anaheim, CA unemployment rate is 74 bps above the national rate which is a negative sign.
  • Unemployment in the market is 110 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 1.4% 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 2023

For key employment segments of the market, total jobs declined by -1.2%. Key sectors include:

  • Education & Healthcare: 1,152,600; -4,900
  • Transportation & Utilities: 1,105,900; -23,900
  • Business Services: 1,013,000; -12,900
  • Restaurants & Hotels: 741,700; -7,800
  • Government: 735,200; +3,200
  • Manufacturing: 477,900; -800
  • Financial Services: 327,400; -6,100
  • IT & Development: 247,600; -9,600
  • Construction, Mining: 247,500; -10,100
  • Other Jobs: 206,100; -3,600
Los Angeles-Long Beach-Anaheim, CA Unemployment by Industry January 2023

Data is based on the most recent 12 months available, through January 2023 (Data published March 2023 and reports created on March 17, 2023).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.