Long Beach Unemployment Rate Dips to 5.5 Percent, A Nine-Year Low

The downward trend of unemployment in the City of Long Beach continued today, as the city released its April figures showing that Long Beach currently has a 5.5 percent unemployment rate, the same mark witnessed in June 2007 before the global financial crash. In total, the local economy has added 21,600 jobs since July 2010, when the unemployment figure peaked at 14.6 percent.