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|December 3, 2020|
Inland job loss recovery may take three years
INLAND EMPIRE – (INT) – It may take until 2023 for the Inland Empire to recover all the job losses brought by the COVID-19 pandemic.
Economist John Husing says it’s likely that 2020 will go down in history as the worst year – economically – in the lives of most Riverside-San Bernardino county residents and most Americans.
Poverty is also a drag on the local economy. Although public health officials recognize it as the primary threat to the region’s wellness, poverty rates have fallen. In San Bernardino County, the rate fell from 18 percent in 2010 to 13.3% last year.
In Riverside County, those below the federal poverty level were at 11.3%.
Local cities with the highest poverty levels were Barstow, Adelanto, Desert Hot Springs, Blythe, Needles and Twentynine Palms. Among the largest cities, San Bernardino was at 30.6 percent.
Poverty levels were the least in Chino Hills, Canyon Lake, Murrieta, Eastvale and Temecula.
Story Date: November 22, 2020