Riverside County’s jobless rate falls for third straight month

Riverside County’s jobless rate dropped below 8% in March, on the heels of gains in almost every sector of the regional economy, according to figures released Friday, April 16, by the California Employment Development Department. The unemployment rate in March, based on preliminary estimates, was 7.7%, compared to 8% in February, the EDD reported. The March rate was exactly three percentage points higher than the year-ago level, when countywide unemployment stood at 4.7%. About 85,000 residents were out of work last month, and 1,029,800 were employed, according to the EDD. March was the third consecutive month that the jobless rate declined, following a surge in claims in December connected to Gov. Gavin Newsom's stay-at-home order, which was rescinded toward the end of January.
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