Labor Market Information
LABOR MARKET MONTHLY SNAPSHOT
Labor Force
August 2023
(Source: EDD Labor Market Division.)
Employment
August 2023
(Source: EDD Labor Market Division.)
Unemployment
August 2023
(Source: EDD Labor Market Division.)
%
Unemployment Rate
August 2023
(Source: EDD Labor Market Division.)
Unemployment Rate for August 2023
The unemployment rate in Monterey County was 4.9% (11,700 unemployed) in August 2023, unchanged from a revised 4.9% in July 2023, and above the year-ago estimate of 4.2%. This compares with an unadjusted unemployment rate of 5.1% for California and 3.9% for the nation during the same period. (Source: EDD Labor Market Division)