As the city's unemployment rate continued to increase, more Los Angeles jobs were lost during August.
During August, the latest month for which labor market statistics are available, the Los Angeles-Long Beach-Glendale area saw its unemployment rate increase from 12.4 percent to 12.6 percent, which was considerably higher than the national unemployment rate at the time of 9.7 percent. The area hasn't seen its unemployment rate decrease since April, when it went from 11.3 percent to 10.7 percent.
The area had a total non-farm employment of 3,862,800 workers during August, according to the U.S. Department of Labor Bureau of Labor Statistics. This is down from 3,873,100 workers during July and a 4.1 percent decrease from last year.
Four industries saw an increase in jobs on a month-to-month basis, including: construction by 300, information by 5,000, professional and business services by 1,300 and education and health services by 1,400. The mining and logging industry employed 4,300 workers, the same as during July.
Only one industry was able to add jobs when compared to last year. The education and health services industry employed 498,700 workers during August, up from 497,300 workers during July and a 2.5 percent increase from last year.
The construction industry took the biggest hit when compared to last year. The industry employed 127,300 workers during August, up from 127,000 workers during July, but a 12.4 percent decrease from last year.
Other industries that saw a decrease in jobs on an over-the-year basis include:
- mining and logging by 2.3 percent
- manufacturing by 8.9 percent
- trade, transportation and utilities by 5.1 percent
- information by 5.9 percent
- financial activities by 4.4 percent
- professional and business services by 5.1 percent
- leisure and hospitality by 4 percent
- other services by 3.7 percent
- government by 1.1 percent