California’s hospitality industry adds jobs in May, but construction lost more than any other sector

California’s overall job market is lagging behind the national recovery

Los Angeles /
Jul.July 13, 2021 09:00 AM
California added more than 100,000 jobs for the fourth month in a row, bringing employment up to 16.35 million jobs. (iStock)
California added more than 100,000 jobs for the fourth month in a row, bringing employment up to 16.35 million jobs. (iStock)

The California job market was a mixed bag in May with some industries showing large employment gains and others continuing to shrink post-pandemic.

California added more than 100,000 jobs for the fourth month in a row, bringing employment up to 16.35 million jobs, according to the Los Angeles Times.

There’s a long way to go to pre-pandemic levels — employers have added back just 51.8 percent of the 2.7 million jobs lost in March and April 2020.

The state’s leisure and hospitality industry added 62,300 jobs, more than any other industry, but overall employment is still down 517,000 from before coronavirus.

The pandemic saw hotels shutter across the country and occupancy plummet.

Some prominent L.A. hotels traded hands and some closed entirely, including the Standard in West Hollywood.

Construction and permitting slowed significantly last year. The pace appears to be picking up, but there are still fewer construction jobs to go around.

The 1,600 jobs lost in the construction sector last month was more than any other sector. The losses were mostly in commercial construction.

L.A. County’s unemployment rate was flat in May from a month prior at 11.1 percent, compared to the national rate of 5.8 percent.

The statewide rate was 7.9 percent, down slightly from 8 percent a month earlier. That rate was 4.3 percent in February 2020 and peaked at 16 percent in April 2020.

Scott Anderson, an economist with Bank of the West in San Francisco, said that a full labor market recovery in California “is still likely several years away.”

[LAT] — Dennis Lynch





    Related Articles

    arrow_forward_ios
    Hotels in California (iStock)
    California hotel developers scale back on construction
    California hotel developers scale back on construction
    LA Metro CEO Stephanie Wiggins and a rendering of the East San Fernando Valley Light Rail Line (LinkedIn/Stephanie Wiggins, Metro)
    Feds pledge $900M for San Fernando Valley light-rail line
    Feds pledge $900M for San Fernando Valley light-rail line
    Rendering of project at 3649-3657 Regal Place in Studio City ( L.A. Department of City Planning, Google Maps)
    28-unit apartment complex set to rise just off Cahuenga
    28-unit apartment complex set to rise just off Cahuenga
    NBCUniversal Chairman Steve Burke and CEO Jeff Shell with a rendering of the office project (NBCUniversal)
    Top 10 development projects in Los Angeles in 2021
    Top 10 development projects in Los Angeles in 2021
    State of California to hand out pandemic-related mortgage relief
    State of California to hand out pandemic-related mortgage relief
    State of California to hand out pandemic-related mortgage relief
    W Hotel with Oaktree Capitals's Co-Chairman Howard Marks, Host Hotels & Resorts CEO James F. Risoleo and Trinity Investment's Sean Hehir (Marriot, Oaktree Capital, Trinity Investments, Host Hotels)
    W Hollywood hotel sells for $197M
    W Hollywood hotel sells for $197M
    Downtown LA’s Standard Hotel to shutter permanently
    Downtown LA’s Standard Hotel to shutter permanently
    Downtown LA’s Standard Hotel to shutter permanently
    Hotel bookings in LA reached pre-pandemic levels in fall
    Hotel bookings in LA reached pre-pandemic levels in fall
    Hotel bookings in LA reached pre-pandemic levels in fall
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...