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)