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Santa Clarita's December jobless rate drops to 6-year low

Unemployment rate is lowest among cities in L.A. County

Posted: January 24, 2014 5:53 p.m.
Updated: January 24, 2014 5:53 p.m.
 

Santa Clarita’s jobless rate dropped to 5.3 percent in December 2013 — a rate not seen since 2008, when the entire nation began rapidly shedding jobs as a result of the recession.

Meanwhile, unemployment declined statewide as well as in Los Angeles County, according to numbers released by the California Employment Development Department on Friday.

California’s unemployment rate decreased to 8.3 percent in December, down from 8.5 percent in the prior month.
And the seasonally adjusted jobless rate in Los Angeles County dropped to 9.2 percent in December 2013, down from 9.5 percent in November.

Nationally, the unemployment rate declined from 7.0 to 6.7 percent in December, according to the U.S. Bureau of Labor Statistics.

As expected during the holiday season, the EDD reported that retail trade in L.A. County accounted for more than 75 percent of the job growth in December. Also generating the most jobs were the trade, transportation and utilities industries.

Among the larger job-loss categories was the state’s homegrown industry of motion picture and sound recording — which some say California virtually ignores.

Santa Clarita city officials welcomed the ongoing decline in jobless numbers.

“We are at 5.3 percent for December 2013, a full point down from 6.3 percent in December 2012, which is good news for us,” said Jason Crawford, manager of economic development and marketing for the city.

But traditionally increased holiday hiring does show in the December numbers, he pointed out.

Comparing the month of December in each of the previous six years, however, this is the lowest December unemployment number the city has seen since 2007, Crawford said.

In contrast to surrounding cities or those with similar-size labor forces in L.A. County, Santa Clarita’s 5.3 percent unemployment rate is the lowest.

jana@signalscv.com
661-287-5599

 

Comments

projalice11: Posted: January 25, 2014 9:47 a.m.


"Santa Clarita's December jobless rate drops to 6-year low"

"In contrast to surrounding cities or those with similar-size labor forces in L.A. County, Santa Clarita’s 5.3 percent unemployment rate is the lowest."

NOW THAT IS GOOD NEWS.


kimanthac: Posted: January 25, 2014 10:43 a.m.

This is false, it's because people who lost extensions are no longer in the database, therefore, are no long considered "unemployed". The national unemployment figures also dropped for the same reason.


tgiprize: Posted: January 25, 2014 11:38 a.m.

kimanthac, You are correct! It's a numbers game that doesn't mean squat.


tgiprize: Posted: January 25, 2014 11:40 a.m.

If you are one who believes these number games then............ You ARE part of the problem!


ricketzz: Posted: January 26, 2014 5:22 a.m.

"Among the larger job-loss categories was the state’s homegrown industry of motion picture and sound recording — which some say California virtually ignores."

"Some say..." is Fox "News" speak for, "we made it up".

Let the old, rotten to the core, gangster entertainment behemoths go to Canada and New Zealand; that is the old media. Southern California is home for new media as well, like e-gaming, which also doesn't make any money, but the people are much nicer than the Hollywood creeps.

Growth industries going forward are Soylent Green, nylon handcuffs and waterproof anything. The mall, the beach and the forest are all rapidly fading.

Not all discouraged workers give up; some just go underground.



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