Southern California Adds 37,100 Jobs, 56% Below 10-Year Average
Updated
Updated · OCRegister · Jul 18
Southern California Adds 37,100 Jobs, 56% Below 10-Year Average
2 articles · Updated · OCRegister · Jul 18
Summary
Southern California employment rose by 37,100 jobs in the 12 months through June, a 0.4% gain that left the region with a record 9.93 million jobs.
That hiring pace trails the region’s 10-year annual average of 85,070 by 56%, with employers held back by a shaky national economy, high interest rates and inflation, political uncertainty and war.
Los Angeles County added 13,500 jobs, San Diego gained 15,600 and the Inland Empire added 8,900, while Orange County lost 200 jobs and Ventura shed 1,000.
California statewide added 106,900 jobs over the year—37% below its 10-year norm—but still outperformed the U.S., where job creation of 506,000 was 66% below trend.
Northern California captured a disproportionate share of state job growth, helped by venture-capital inflows tied largely to artificial intelligence development.