Less than half the jobs lost in the pandemic in Los Angeles County have been recovered, and the pace of hiring slowed in June, at least by one metric, the Los Angeles Economic Development Corp. reported Monday in its economic briefing.
“Job recovery remains modest and preliminary state data for June employment gains are surprisingly lower than the trend for the prior three months, despite the full reopening which took place on June 15,” Bill Allen, chief executive of the LAEDC, said in the meeting.
“So now, more than one year since the depths of the job losses during the spring of 2020, when we lost more than 772,000 jobs here in L.A. County, we have still only recovered less than half of those total jobs lost to the pandemic.”