LAKE COUNTY, Calif. — Lake County experienced a much-improved unemployment rate in May.
The California Employment Development Department’s latest jobs report showed that Lake County’s May unemployment rate was 4.9%, compared to 6% in April and 6.7% in March.
The May 2024 rate also was improved over the May 2023 rate, which was 5.2%.
Overall, from April to May Lake County gained 210 jobs, based on EDD numbers.
The month-over comparison on industry sectors show that the total farm category was up by 19.2% in May, reflecting the seasonal increase in jobs in Lake County’s agricultural industry.
Other sectors showing significant month-over growth included nondurable goods and federal government jobs, both of which grew by 7.1%, and manufacturing, 5.7%.
Also in May, the EDD said California’s employers added 43,700 nonfarm payroll jobs, the largest such increase for the state since October of 2023 and a continuation of California’s 2024 job growth trend, and California’s unemployment rate decreased to 5.2%.
California’s jobs market expansion entered its 49th month in May 2024. Since May 2020, California has gained 3,100,400 jobs, which averages out to 63,273 per month, the EDD reported.
The Bureau of Labor Statistics said that, nationwide, the unemployment rate in May ticked up slightly to 4%, up from 3.9% in April and 3.7% in May of 2023.
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Lake County unemployment rate improves in May
- Elizabeth Larson
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