Drop in Local, County Unemployment Rates Reported

First published in the Sept. 25 print issue of the Burbank Leader.

Burbank’s unemployment last month registered the lowest rate this year, according to recently released data, reflecting a sharper decrease than has been seen in the city, state and county in recent months.
The local rate dropped to 10.8% in August from 12% in July, preliminary California Employment Development Department data shows, the biggest one-month decline reported for the city since February. The drop reflected a decrease in the estimated number of unemployed Burbank residents to 6,300 in August from 7,100 a month earlier. However, the local labor force — representing residents who are employed or unemployed but searching for a job — fell by 1,300 people. The number of employed citizens dropped by 500. Continue reading “Drop in Local, County Unemployment Rates Reported”

City, County Unemployment Shows Little Change

Burbank’s unemployment rate remained flat from June to July, according to state data, with Los Angeles County’s and California’s rates similarly obstinate.
The local rate held at 11.8% during the two months, the California Employment Development Department reported in a preliminary estimate. The number of the city’s unemployed residents remained at about 7,000. However, the estimate for employed residents increased from 52,100 to 52,500 while the labor force grew from 59,100 to 59,600.
Burbank’s joblessness rate, which historically has been slightly higher than the county’s, has fallen precipitously since its pandemic-era high of 23.9% in May 2020. It has fluctuated somewhat this year, however, hovering around 11% and 12%. The city’s pre-pandemic unemployment rate was 5.1%.
The lack of a change in Burbank’s rate is not unique. L.A. County’s percentage continued to be an estimated 10.2% in July — the same figure it had been since May. The EDD estimated that more than 521,300 county residents were unemployed. Continue reading “City, County Unemployment Shows Little Change”

Hiring of Residents Increases Slightly

Data: California Employment Development Department

Glendale’s unemployment rate saw a marginal decrease from June to July, according to state data, with Los Angeles County’s and California’s rates similarly obstinate.
The local rate fell from a revised 10.7% in June to 10.5% in July, the California Employment Development Department reported in a preliminary estimate. The dip represented a decrease in the number of the city’s unemployed residents from about 11,100 to 10,900, whereas the estimate for employed residents increased from 92,300 to 93,000. Glendale’s labor force also rose from 103,400 to 103,900. Continue reading “Hiring of Residents Increases Slightly”