Business, Finance & Tech
County’s Jobless Rate Bumps Back up to 4 Percent
RIVERSIDE (CNS) – Gains in multiple sectors of the regional economy were offset by losses in others, pushing Riverside County’s unemployment rate back up to 4% last month, according to figures released Friday by the California Employment Development Department.
The jobless rate in June, based on preliminary EDD estimates, was 4%, compared to 3.4% in May.
According to figures, the June rate was over four percentage points lower than the year-ago level, when countywide unemployment stood at 8.4%, as the statewide coronavirus public health lockdowns were gradually eased.
An estimated 43,500 county residents were recorded as out of work in June, and 1,101,000 were employed, according to EDD.
Coachella had the highest unemployment rate countywide last month at 8.8%, followed by Cherry Valley at 7.4%, Mecca at 6.4%, Rancho Mirage at 6% and Hemet at 5.6%.
The combined unemployment rate for Riverside and San Bernardino counties in June was also 4%, and also down from 3.4% in May, according to figures.
Bi-county data indicated payrolls expanded by the widest margins in retail trade, warehousing and professional business services, which altogether added 6,000 positions in June.
Additional gains were documented in the agricultural, health services, manufacturing and mining sectors, which swelled by an aggregate 3,400 jobs in June, according to EDD.
Payrolls sank the largest in the leisure and hospitality sector, which shed 1,600 positions. Declines were also documented in the public sector and miscellaneous unclassified industries, which together lost 1,400.
The construction, financial services and information technology sectors were unchanged.
Data showed that the statewide non-seasonally adjusted unemployment rate in June was, like the Inland Empire, 4%.
Copyright 2022, City News Service, Inc.
By: Ceci Partridge
July 22, 2022
Latest Instagram Posts
Palm Springs firefighters responded Thursday to a report of a person struck by lightning in the Chino Canyon area. The person was transported to a hospital for medical treatment. Firefighters also responded to a palm tree fire in Chino Canyon that officials say was caused by an apparent lightning strike. NBC Palm Springs News Director David Reese is in the neighborhood tonight knocking on doors and trying to learn more about what happened. Did you see the lightning strike? Did you hear or see anything unusual? Do you know who was struck or have information that could help us understand what happened? We’d like to hear from you. Send us a DM here or contact NBC Palm Springs if you witnessed the incident or have information to share. #PalmSprings #ChinoCanyon #Lightning #PalmSpringsNews #NBCPalmSprings CoachellaValley BreakingNews
Fred Roggin’s response? Show us the receipts! #therogginreport #coachellavalley #localnews #explore #nbcpalmsprings
A $557k budget shortfall … so why do they need $11.3 million in new taxes? Are you voting Yes or No on Measure P? #therogginreport #measurep #localnews #coachellavalley #nbcpalmsprings
School board trustee wears “FAFO” shirt to court deposition. Drop your thoughts in the comments 👇🏽 #therogginreport #coachellavalley #localnews #explore #nbcpalmsprings
Estevan Figueroa of King’s Club Barbershop is giving back across the Coachella Valley — one haircut at a time. He and his team recently gave dozens of free haircuts to kids at the Boys and Girls Club in Cathedral City. Figueroa also provides clothing, essentials and encouragement to people in need. Inspired by lessons from his father, he’s now started a nonprofit to help even more people in the community. “Look good, feel good.” @barbercipactli Read the full story at NBCPalmSprings.com.
9 months. 5 deposition notices. 1 no-show. What is this official hiding under oath? Let us know what you think in the comments 👇 #therogginreport #jesusgonzalez #localnews #coachellavalley #nbcpalmsprings
Social Time with Thalia & Jerry
Tim O’Brien at the Coachella Valley Firebirds training camp!!
BREAKING NEWS 🚨: Murder Suspect Vicky Kim has made a court appearance for the first time in almost two weeks amidst medical delays and two refusals. Today she plead NOT GUILTY to all charges of killing her husband. She is set to appear October 7th for her preliminary hearing. Be sure to visit nbcpalmsprings.com for more information on this case. #breakingnews #courtnews #vickykim #coachellavalley #760
Social Time with Thalia & Jerry. Did you catch the bug that’s going around?