• County’s Jobless Rate Rises in August

    Gains in some sectors of the regional economy were outweighed by losses in others, pushing Riverside County’s unemployment rate higher last month, according to figures released Friday by the California Employment Development Department.

  • Fed expects rate hikes can hold off until at least next year

    The Federal Reserve left interest rates near zero Wednesday and said it would continue to use all the tools in its arsenal to support the still bouncing-back US economy. But it struck a somewhat more hawkish tone in its monetary policy update, saying it is prepared to “adjust the stance of monetary policy as appropriate if risks […]

  • Riverside County’s Jobless Rate Hits Record High

    The unemployment rate in Riverside County was 15.3% in April — the highest level recorded in the California Employment Development Department’s electronic database going back three decades, figures released Friday show. Last month’s jobless rate, based on preliminary estimates, exceeded March’s rate by roughly 10 percentage points, before the full impact of the government public […]

  • Riverside County’s Jobless Rate Climbs

    Riverside County’s unemployment rate climbed above 4 percent last month, state officials reported Friday. The jobless rate in June, based on preliminary estimates, was 4.4 percent, compared with 3.6 percent in May, according to the California Employment Development Department. However, the rate was three-tenths of a percentage point lower than the year-ago level, when countywide […]

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