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|June 2, 2020|
Inland Empire jobless rate rivals Great Recession
INLAND EMPIRE – (INT) – A sharp rise in unemployment, layoffs and businesses downsizing because of the coronavirus was not unexpected.
Figures for April issued Friday by the State Employment Development Department (EDD) put the Inland Empire’s jobless rate at 14.4% which equaled the national average but fell short of California’s 16.1% rate.
Leisure and hospitality recorded the Inland Empire’s largest payroll loss over the month. Accommodation and food services accounted for approximately 93 percent of the job loss. Within accommodation and food services, food services and drinking places (down 45,300), recorded the largest employment decrease. Arts, entertainment, and recreation declined by 3,800 jobs over the month, the EDD reported.
April’s jobless rate was the highest for the Inland Empire since July, 2011 when the region was emerging from the Great Recession. Local unemployment peaked in July 2010 at 15.1%, according to EDD records.
Story Date: May 29, 2020