Southern California job creation runs 62% below normal

If you want a hint why Southern Californians feel antsy about their finances, consider that local job growth is 62% slower than what’s been typically seen in the post-Great Recession era.

My trusty spreadsheet, filled with state job figures, found 8 million people at work in May in Los Angeles, Orange, Riverside and San Bernardino counties. That’s up 38,200 in the past 12 months, but down from 50,400 additions in the previous year and a median 101,300 annual pace since 2010.

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