A recent article in the South Bay Daily Breeze disclosed that fortunately, the jobless rate for most of the South Bay Beach Communities is still very low.
The unemployment rate for the Palos Verdes Peninsula ranged from 1.0% in Rolling Hills to 3.7% in Rancho Palos Verdes. The unemployment rate for the South Bay beach cities ranged from 3.8% for Manhattan Beach to 5.7% for Redondo Beach. Unemployment in some of the inland areas of the South Bay were much higher including 14.1% in Hawthorne.
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For more information about Palos Verdes and South Bay Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at https://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions.