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Unemployment Rate Down In The Inland Empire

by admin on 11th-June-2015
Hardy Brown Sr.

Hardy Brown Sr.

With the recent announcement by Amazon that they plan to hire 1,000 full time employees in their San Bernardino and Moreno Valley locations, the news came as good news for a workforce looking for jobs and elected officials that have been working hard to create them.

This hard hit area with a high unemployment rate of over 9% two years ago is now down to 6.2% as of April of 2015. The news from Amazon will drive that rate even lower. This news comes on the heels of the San Bernardino City Unified School District announcing it had 400 classified jobs to fill. Those jobs were tied up in a dispute between the district and personnel commission for years.

According to the Employment Development Department’s professional and business sector: The unemployment rate in the Riverside-San Bernardino-Ontario Metropolitan Statistical Area was 6.2 percent in April 2015, down from a revised 6.5 percent in March 2015, and below the year-ago estimate of 7.7 percent. This compares with an unadjusted unemployment rate of 6.1 percent for California and 5.1 percent for the nation during the same period. The unemployment rate was 6.2 percent in Riverside County, and 6.1 percent in San Bernardino County.

unemploymentBetween March 2015 and April 2015, nonfarm employment increased by 4,200 jobs to reach 1,330,900. Agricultural employment shrank by 800 jobs, for a total of 14,600 jobs in the region.

• Professional and business services recorded the greatest month-over gain, adding 3,700 jobs. Gains in this industry included administrative and support and waste services (up 3,400), and professional, scientific, and technical services (up 300).

• Manufacturing posted 1,500 more jobs month-over, all in durable goods (up 1,700). Nondurable goods lost 200 jobs over the month.

• Gains were also recorded in three other industries, including leisure and hospitality (up 600), government (up 300), and information (up 100).

• Educational and health services recorded the largest overall loss of 1,100 jobs. Healthcare and social assistance (down 1,200) accounted for all the job loss in this sector. Educational services gained 100 jobs over the month.

Between April 2014 and April 2015, total nonfarm employment increased by 52,200 jobs, or 4.1 percent. Agricultural employment increased by 200 jobs, or 1.4 percent.

• Professional and business services posted the greatest year-over gain, up 14,500 jobs. Seventy-five percent of the expansion was in administrative and support and waste services (up 10,900). Professional, scientific, and technical services added 3,200 jobs, followed by management of companies (up 400).

• Eight other industries also posted gains over the year, with the most significant coming from trade, transportation, and utilities (up 12,600), and leisure and hospitality (up 9,700).

• Mining and logging and information both recorded no change over the year.

While the economy in the Inland Empire slowly begins to bounce back, if area local governments continue to work together, a full recovery in possible.

Category: In My Opinion, Point of View.
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