Category: Torrance, CA
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Torrance, CA – January 2024 Job Market Report – Employment Gains Amidst National Slowdown
The January 2024 job market report for Torrance, CA, paints a picture of modest job growth amidst a national slowdown. While the national unemployment rate remained unchanged at 3.4%, Torrance experienced a slight increase in employment, adding 1,200 new jobs compared to December 2023. This represents a 0.8% increase in the city’s total nonfarm employment.…
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Torrance, CA – December 2023 Jobs Report – Steady Growth Amidst National Slowdown
While the national job market showed signs of cooling in December 2023, Torrance, California defied the trend with continued expansion. This report dives into the details of the city’s job market performance, highlighting key industries, occupations, and trends. Overview: Highlights: Industries and Occupations that Grew: Industries and Occupations that Shrank: Comparison to Same Month Last…