Riverside County’s jobless rate returns To 4%
Losses in construction, hospitality and other sectors were offset by gains elsewhere in the regional economy, nudging Riverside County’s unemployment rate back down to 4% last month, according to figures released by the California Employment Development Department.The jobless rate in September, based on preliminary EDD estimates, was three-tenths of a percentage point lower than in August.According to figures, the September rate, which matched the rates of June and July, was almost 2.5 percentage points lower than the year-ago level, when countywide unemployment stood at 6.4%, as the statewide coronavirus public health lockdowns were gradually eased.An estimated 46,100 county residents were recorded as out of work in September, and 1,120,500 were employed, according to EDD.