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Santa Clarita Jobless Rate Improves To 5 Percent

Courtesy Leon Worden | SCVNews.com

Santa Clarita’s year-over-year jobless rate keeps getting better.

Just 5 percent of Santa Claritans were unemployed in June, an improvement of 1.2 points over the June 2013 rate of 6.2 percent – which was already a 0.6 percent improvement over June 2012 when 6.8 percent of Santa Claritans were standing in the unemployment line.  Unemployment


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Month over month, Santa Clarita slipped a little from May’s ultra-low 4.8 percent jobless rate, but the city remains well ahead of seasonally adjusted county (8.1 percent), state (7.4 percent) and national (6.1 percent) levels.

Across L.A.County in June, the biggest one-month loser was private educational services, which constricted by 10,300 jobs for the summer.

The biggest winner was the information sector, which added 4,800 positions countywide during June, including 2,800 in motion pictures and sound recording.

Compared to May, within the leisure and hospitality sector, food services and drinking places added  2,200 workers, while the arts, entertainment and recreation subsector added 1,700.

Other winners across L.A.County were trade, transportation and utilities (up 3,600), construction (up 2,100), financial activities (up 400), mining and logging (up 100), and government (up 100). The latter includes public education.

Year-over-year, the health care and social assistance subsector made the biggest gains in L.A.County since June 2013, adding 33,800 positions to payrolls. Of those, social assistance accounted for 24,500.

The biggest year-over-year loser was manufacturing, which slashed 16,300 jobs since June 2013 – both in nondurable goods (down 10,000) and durable goods (down 6,300). Within the sector, the hardest-hit subindustries were apparel manufacturing (down 3,500) and computer and electronic product manufacturing (down 2,700).


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Santa Clarita Jobless Rate Improves To 5 PercentKHTS AM 1220 - Santa Clarita News - Santa Clarita Radio


Article: Santa Clarita Jobless Rate Improves To 5 Percent
Source: Santa Clarita News
Author: Newsroom