Karen S. Kim
GLENDALE -- Unemployment in Glendale declined by 0.1% for the second
month in a row during December 2001, but Don Nakamoto, city labor market
specialist, said it's still too soon to call the decline a trend.
"You would probably have to see it move pretty substantially up or
down at least a percentage point over a six-month period," Nakamoto said.
"Then you could conclude the momentum is going in one direction or
Glendale's unemployment rate in December fell from 5.5% in November to
5.4%, or 5,480 people, according to numbers released by the California
Employment Development Department.
Numbers dropped across the area last month in Los Angeles County,
Burbank and La Crescenta-Montrose.
December unemployment dropped to 6.1% from 6.2% for the county, fell
from 4.1% to 4.0% in Burbank and declined from 3.1% to 3.0% in La Crescenta-Montrose.
"Well, there is a lot of hiring that occurs during the holidays in the
retail sector," Nakamoto said. "That could affect unemployment."
Another reason why unemployment hasn't risen in Glendale despite an
ongoing recession is the city's diverse business base, Nakamoto said.
"They're not dependent on one or two industries here," he said. "And
they have a strong retail sector, which has held up even nationally."
OUT OF WORK
Unemployment rates provided by the Employment Development Department
area*labor force*unemployment rate
Los Angeles County*4,953,200*6.2%
Los Angeles County*4,915,600*6.1%