
The California Labor Market Information Division (LMID) released its December 2021 report on Friday the 19th, extending what’s become a five-month run of improvements in Ventura County’s unemployment rate, now at 4.2%, down from 4.5% in November. While the unemployment rate is moving in the right direction, the underlying numbers aren’t so encouraging. In what is usually a strong month for hiring, we picked up only 1,300 Nonfarm jobs—and only 500 in holiday hiring for Retail—and actually had a decline in the Labor Force by 400 workers. Further, what gains we did have were largely concentrated in only two sectors, Retail Trade and Leisure & Hospitality. For more context on what it means, read on; for the link to the monthly numbers click here.







































