Overall unemployment rate moved down to 4.5% with the biggest shift in Government, which lost 60,200 roles, based on the most recently available information published in August 2022.

Total employment in the Los Angeles-Long Beach-Anaheim, CA market rose by 41,344 jobs in July and the unemployment rate decreased compared to the prior month by 10 bps to 4.5%. The national unemployment rate decreased by 5 bps over the same time to 3.8%.

  • Los Angeles-Long Beach-Anaheim, CA unemployment rate is 72 bps above the national rate which is a negative sign.
  • Unemployment in the market is 430 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in July versus prior month by 6.8% 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 July 2022

For key employment segments of the market, total jobs declined by -0.3%. Key sectors include:

  • Education & Healthcare: 1,114,100; +3,800
  • Transportation & Utilities: 1,100,000; +3,800
  • Business Services: 997,400; +11,000
  • Restaurants & Hotels: 731,800; +8,700
  • Government: 675,900; -60,200
  • Manufacturing: 476,200; +1,900
  • Financial Services: 328,600; no change
  • Construction, Mining: 267,700; +4,100
  • IT & Development: 256,200; +2,400
  • Other Jobs: 207,600; +5,600
Los Angeles-Long Beach-Anaheim, CA Unemployment by Industry July 2022

Data is based on the most recent 12 months available, through July 2022 (Data published August 2022 and reports created on September 2, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.