Unemployment/Under-Employment in Los Angeles Now at 20%
In an exclusive report, KNX1070 AM is saying that the unemployment rate within the city of Los Angeles is at 20%, according to the LA County Economic Development Corporation. "That includes those unemployed, those who have given up seeking work and those stuck in part time jobs when they want full time ones--and the figure actually tops 20 percent of the available workforce for the city. That means 1 in 5 of the available workforce in the city of Los Angeles is unemployed or under-employed." Apparently, the number is growing too. *"Under-Employment was added to the headline for clarification purposes. Thanks to all who commented, keep the comments coming!