• Report: County’s Jobless Rate Continues to Come Down

    (CNS) – The unemployment rate in Riverside County slid for the second consecutive month amid gains in multiple sectors, state officials reported Friday. The jobless rate in July, based on preliminary estimates, was 13.7%, compared to 14.7% in June, according to the California Employment Development Department. The July rate was 9 percentage points higher than […]

  • Report: County’s Jobless Rate Falls a Notch in November

    Expansion in multiple sectors of the regional economy pushed Riverside County’s unemployment rate down a notch last month, figures released Friday show. The region’s jobless rate in November, based on preliminary estimates, was 3.8%, compared to 3.9% in October, according to the California Employment Development Department. The rate was three-tenths of a percentage point lower […]

  • Nearly 700,000 Set to Lose Food Stamps Under New Work Requirements

    The Trump administration unveiled a final rule Wednesday that will require more food stamp recipients to work in order to receive benefits. The new requirement limits states’ ability to waive existing work mandates and could result in 688,000 people losing assistance, according to the US Department of Agriculture. The move is one of three Trump administration efforts […]

  • The last time unemployment was this low, we were hit with a recession

    The near-50-year low in the unemployment rate signifies that a lot of good things have happened for the economy, but also could point to some bad things that could happen. In fact, the last time the headline jobless level was lower, an economic downturn followed. December 1969 saw the rate fall to 3.5 percent, and […]

  • White House wrongly claims Trump created more jobs for black Americans than Obama did

    Responding to charges of racism by former Trump administration aide Omarosa Manigault Newman, White House press secretary Sarah Huckabee Sanders vastly overstated President Donald Trump’s record on job creation for black Americans. “This president since he took office created 700,000 new jobs for African-Americans,” Sanders told reporters Tuesday. “After eight years of President Obama in office, he only created […]

  • U.S. economy added 157,000 jobs last month

    The U.S. economy added 157,000 jobs during the month of July, indicating that the labor market remains largely unaffected by President Donald Trump’s trade war — for now. Friday’s figures, released by the Department of Labor, also showed that the unemployment rate fell from 4 percent to 3.9 percent. Manufacturing jobs continue to dominate, hiring […]

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