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Downey unemployment rate at 8.8 percent
WRITTEN BY :   Eric Pierce

The jobless rate in Downey is at 8.8%, according to data released today by the Economic Development Department.

According to the latest employment figures, 4,700 Downey residents were still without a job as of January 2013.

Downey’s unemployment rate beats the L.A. County average of 10.9% and the Gateway Cities average of 12.3%, but lags behind cities like Cerritos (6%), Whittier (7.8%) and Lakewood (7.1%).

Among cities with a workforce of at least 50,000, Downey’s jobless rate is the lowest.

The upcoming Tierra Luna Marketplace is expected to create some 3,000 jobs when it opens in a few years.

Hundreds of jobs have also been created with the gradual opening of the Downey Gateway food court.

Published: Wednesday, March 27, 2013, WEB ONLY
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