June 4, 2025 • 3 mins
The job market in Los Angeles is characterized by a mix of strength and challenges. As of April 2025, civilian employment in California, which includes Los Angeles, stood at 4,775,000, with a seasonally adjusted unemployment rate of 5.1% in December 2023, slightly higher than the national rate of 3.7% during the same period.
The employment landscape in Los Angeles County has seen varied sectoral performances. Trade, transportation, and utilities have been leading job creators, with significant gains in retail trade, wholesale trade, and transportation. Private education and health services have also posted substantial employment expansions, although private educational services saw a decline. Financial activities and professional and business services have also shown growth. However, sectors like construction, leisure and hospitality, manufacturing, and government have experienced job losses, with the information sector, particularly motion picture and sound recording industries, facing significant declines.
Key sectors driving job growth include technology, healthcare, entertainment, and green energy. Remote work and the gig economy continue to influence business strategies, emphasizing the need for adaptability and strategic wage growth to attract talent.
The unemployment rate is projected to rise to 6.1% in 2025 from 5.7% in 2024. Nonfarm payroll jobs are expected to grow by 0.7% in 2025, a slowing trend from previous years. Major industries such as education, healthcare, and leisure & hospitality are expected to continue driving job growth, while manufacturing faces long-term decline.
Recent developments include the impact of strikes on film and TV production, which has not fully recovered to pre-pandemic levels. Preparations for the 2028 Olympics are driving infrastructure investment and business opportunities.
Seasonal patterns show that between November and December 2023, total nonfarm employment in Los Angeles County increased by 5,300 jobs, with trade and health services leading the gains. There is limited data on commuting trends, but the high cost of living and housing affordability crisis continue to affect the workforce.
Government initiatives are focused on infrastructure development and addressing the housing shortage, although new construction remains below the levels needed to alleviate the housing crisis.
In terms of current job openings, California had 659,000 job openings in March 2025. Some examples of current job openings include positions in healthcare, technology, and education. For instance, there are openings for healthcare professionals, software engineers, and educators across various institutions.
Key findings indicate a slowing but positive job growth trend, with specific sectors driving employment. The job market is evolving with a focus on adaptability, local talent, and sustainability, while facing challenges such as high unemployment projections and a persistent housing crisis.
This content was created in partnership and with the help of Artificial Intelligence AI
The employment landscape in Los Angeles County has seen varied sectoral performances. Trade, transportation, and utilities have been leading job creators, with significant gains in retail trade, wholesale trade, and transportation. Private education and health services have also posted substantial employment expansions, although private educational services saw a decline. Financial activities and professional and business services have also shown growth. However, sectors like construction, leisure and hospitality, manufacturing, and government have experienced job losses, with the information sector, particularly motion picture and sound recording industries, facing significant declines.
Key sectors driving job growth include technology, healthcare, entertainment, and green energy. Remote work and the gig economy continue to influence business strategies, emphasizing the need for adaptability and strategic wage growth to attract talent.
The unemployment rate is projected to rise to 6.1% in 2025 from 5.7% in 2024. Nonfarm payroll jobs are expected to grow by 0.7% in 2025, a slowing trend from previous years. Major industries such as education, healthcare, and leisure & hospitality are expected to continue driving job growth, while manufacturing faces long-term decline.
Recent developments include the impact of strikes on film and TV production, which has not fully recovered to pre-pandemic levels. Preparations for the 2028 Olympics are driving infrastructure investment and business opportunities.
Seasonal patterns show that between November and December 2023, total nonfarm employment in Los Angeles County increased by 5,300 jobs, with trade and health services leading the gains. There is limited data on commuting trends, but the high cost of living and housing affordability crisis continue to affect the workforce.
Government initiatives are focused on infrastructure development and addressing the housing shortage, although new construction remains below the levels needed to alleviate the housing crisis.
In terms of current job openings, California had 659,000 job openings in March 2025. Some examples of current job openings include positions in healthcare, technology, and education. For instance, there are openings for healthcare professionals, software engineers, and educators across various institutions.
Key findings indicate a slowing but positive job growth trend, with specific sectors driving employment. The job market is evolving with a focus on adaptability, local talent, and sustainability, while facing challenges such as high unemployment projections and a persistent housing crisis.
This content was created in partnership and with the help of Artificial Intelligence AI
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Episode Transcript
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Speaker 1 (00:00):
This is your Los Angeles Job Market Report Daily podcast,
and here is what we know for today. The job
market in Los Angeles is characterized by a mix of
strength and challenges. As of April twenty twenty five, civilian
employment in California, which includes Los Angeles, stood at four thousand,
seven hundred seventy five thousand, with a seasonally adjusted unemployment
(00:21):
rate of five point one per cent in December twenty
twenty three, slightly higher than the national rate of three
point seven per cent during the same period. The employment
landscape in Los Angeles County has seen varied sectoral performances. Trade, transportation,
and utilities have been leading job creators, with significant gains
in retail trade, wholesale trade, and transportation. Private education and
(00:45):
health services have also posted substantial employment expansions, although private
educational services saw a decline. Financial activities and professional and
business services have also shown growth. However, sectors like construction,
leisure and hospitality, manufacturing, and government have experienced job losses,
with the information sector, particularly motion picture and sound recording industries,
(01:10):
facing significant declines. Key sectors driving job growth include technology,
health care, entertainment, and green energy. Remote work in the
gig economy continue to influence business strategies, emphasizing the need
for adaptability and strategic wage growth to attract talent. The
unemployment rate is projected to rise to six point one
(01:31):
percent in twenty twenty five from five point seven percent
in twenty twenty four. Non Farm payroll jobs are expected
to grow by point seven per cent in twenty twenty five,
a slowing trend from previous years. Major industries such as education,
health care, and leisure and hospitality are expected to continue
driving job growth, while manufacturing faces long term decline. Recent
(01:53):
developments include the impact of strikes on film and TV production,
which has not fully recovered to pre pandemic levels. Preparations
for the twenty twenty eight Olympics are driving infrastructure investment
and business opportunities. Seasonal patterns show that between November and
December twenty twenty three, total non farm employment in Los
(02:14):
Angeles County increased by five thousand, three hundred jobs, with
trade and health services leading the gains. There is limited
data on commuting trends, but the high cost of living
and housing affordability crisis continue to affect the workforce. Government
initiatives are focused on infrastructure development and addressing the housing shortage,
(02:34):
although new construction remains below the levels needed to alleviate
the housing crisis. In terms of current job openings, California
had six had six hundred fifty nine thousand job openings
in March twenty twenty five. Some examples of current job
openings include positions in healthcare, technology, and education. For instance,
(02:56):
there are openings for healthcare professionals, software engineers, and educators
across various institutions. Key findings indicate a slowing but positive
job growth trend, with specific sectors driving employment. The job
market is evolving with a focus on adaptability, local talent,
and sustainability, while facing challenges such as high unemployment projections
(03:19):
and a persistent housing crisis. And that is it for today.
Hit the subscribe button. This has been a quiet please
production with the help of AI. Thanks for listening.
This is your Los Angeles Job Market Report Daily podcast,
and here is what we know for today. The job
market in Los Angeles is characterized by a mix of
strength and challenges. As of April twenty twenty five, civilian
employment in California, which includes Los Angeles, stood at four thousand,
seven hundred seventy five thousand, with a seasonally adjusted unemployment
(00:21):
rate of five point one per cent in December twenty
twenty three, slightly higher than the national rate of three
point seven per cent during the same period. The employment
landscape in Los Angeles County has seen varied sectoral performances. Trade, transportation,
and utilities have been leading job creators, with significant gains
in retail trade, wholesale trade, and transportation. Private education and
(00:45):
health services have also posted substantial employment expansions, although private
educational services saw a decline. Financial activities and professional and
business services have also shown growth. However, sectors like construction,
leisure and hospitality, manufacturing, and government have experienced job losses,
with the information sector, particularly motion picture and sound recording industries,
(01:10):
facing significant declines. Key sectors driving job growth include technology,
health care, entertainment, and green energy. Remote work in the
gig economy continue to influence business strategies, emphasizing the need
for adaptability and strategic wage growth to attract talent. The
unemployment rate is projected to rise to six point one
(01:31):
percent in twenty twenty five from five point seven percent
in twenty twenty four. Non Farm payroll jobs are expected
to grow by point seven per cent in twenty twenty five,
a slowing trend from previous years. Major industries such as education,
health care, and leisure and hospitality are expected to continue
driving job growth, while manufacturing faces long term decline. Recent
(01:53):
developments include the impact of strikes on film and TV production,
which has not fully recovered to pre pandemic levels. Preparations
for the twenty twenty eight Olympics are driving infrastructure investment
and business opportunities. Seasonal patterns show that between November and
December twenty twenty three, total non farm employment in Los
(02:14):
Angeles County increased by five thousand, three hundred jobs, with
trade and health services leading the gains. There is limited
data on commuting trends, but the high cost of living
and housing affordability crisis continue to affect the workforce. Government
initiatives are focused on infrastructure development and addressing the housing shortage,
(02:34):
although new construction remains below the levels needed to alleviate
the housing crisis. In terms of current job openings, California
had six had six hundred fifty nine thousand job openings
in March twenty twenty five. Some examples of current job
openings include positions in healthcare, technology, and education. For instance,
(02:56):
there are openings for healthcare professionals, software engineers, and educators
across various institutions. Key findings indicate a slowing but positive
job growth trend, with specific sectors driving employment. The job
market is evolving with a focus on adaptability, local talent,
and sustainability, while facing challenges such as high unemployment projections
(03:19):
and a persistent housing crisis. And that is it for today.
Hit the subscribe button. This has been a quiet please
production with the help of AI. Thanks for listening.
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