Los Angeles office employment update | September 2016

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Between August 2015 and August 2016, total nonfarm employment in Los Angeles County grew by 73,900 jobs, or 1.7%.

Los Angeles office employment

Educational and health services reported the largest year-over payroll increase, adding 22,800 jobs. This growth was divided between health care and social assistance (up 21,500) and educational services (up 1,300).

Professional and business services also posted an over-the-year gain, increasing by 18,600 jobs. Administrative and support and waste services (up 8,700), professional, scientific and technical services (up 8,100), and management of companies and enterprises (up 1,800) accounted for the expansion in this industry.

Other sectors that recorded year-over job gains were leisure and hospitality (up 14,600), trade, transportation and utilities (up 8,100), information (up 5,600), financial activities (up 5,100), government (up 4,600), and other services (up 1,700).

Manufacturing posted the largest year-over decline with a loss of 6,400 jobs. Nondurables goods (down 3,300) and durables goods (down 3,100) resulted in the decline for this industry. Other sectors that recorded year-over decreases were mining and logging (down 400) and construction (down 400).

Highlights:

  • Los Angeles, the state and country saw monthly decreases in the unemployment rate in August to 5.3, 5.6 and 5.0 percent respectively.
  • Los Angeles continues to see improvements in employment figures, adding 12,800 jobs from the previous month.
  • Information posted the largest month-over gain, up 5,400, to reach 208,400 jobs. Most of the growth was in motion picture and sound recording and broadcasting (except Internet), with a slight decline in information residual to offset the total industry growth. Professional and business services grew by 5,100 jobs.
  • Manufacturing recorded the largest month-over decline, falling by 2,300 jobs. Other industries that posted month-over payroll cutbacks were construction and other services.

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