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SoCal Unemployment Hits 6%, Highest Level Since October 2021

Orange County Register-


Southern California joblessness is now at its highest level since October 2021.

My trusty spreadsheet, filled with new state job figures, found the four-county unemployment rate was 6% across Southern California in July. That’s up sharply from 5.4% in June, and 4.9% a year earlier.

Ponder that joblessness averaged 4.7% in 2015-19 with the rate increasing 0.3 percentage points in a typical July in the 5-year period.

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