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
    Disney Store at Montebello Town Center (Disney, Shops at Montebello)
    Mall vs. The Mouse: UBS sues Disney store for $275K in back rent
    Mall vs. The Mouse: UBS sues Disney store for $275K in back rent
    Sandstone Properties CEO Eri Kroh with a rendering of the project (Sandstone, The Jeff Hotel)
    Culver City approves `The Jeff,’ Sandstone Properties’ 175-unit hotel
    Culver City approves `The Jeff,’ Sandstone Properties’ 175-unit hotel
    Renderings of the expansion, including the J.W. Marriott hotel (Saiful Bouquet)
    Details of transformative LA Convention Center expansion emerge
    Details of transformative LA Convention Center expansion emerge
    The L.A. County median of $790,000 was 23 percent higher than last June (Getty)
    SoCal home prices reach yet another record high in June
    SoCal home prices reach yet another record high in June
    California will use nearly $3 billion from the federal government to convert motels into housing for homeless over next two years, part of a $5 billion budget package to address homelessness (Getty)
    Project Homekey gets $2.75B in fed funding
    Project Homekey gets $2.75B in fed funding
    L.A. County property assessor Jeff Prang (iStock, L.A. County Assessor)
    Despite pandemic, LA County property values rise by $63B
    Despite pandemic, LA County property values rise by $63B
    The latest measure comes a month after the state lifted most restrictions. (Getty)
    LA County retailers, indoor venues must mask (back) up
    LA County retailers, indoor venues must mask (back) up
    Street performers on Hollywood Boulevard as retail and tourism recovers in the state (Getty)
    Newsom signs small business grants as part of relief package
    Newsom signs small business grants as part of relief package
    arrow_forward_ios

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

    Loading...