RIVERSIDE (CNS) – Despite gains in multiple sectors, Riverside
County’s unemployment rate was unchanged last month, according to figures
released today by the California Employment Development Department.
The jobless rate in October, based on preliminary EDD estimates,
remained the same as September — 4%.
According to figures, the October rate was roughly 2 percentage points
lower than the year-ago level, when countywide unemployment stood at 6.1%,
as the statewide coronavirus public health lockdowns were gradually eased.
An estimated 46,800 county residents were recorded as out of work in
October, and 1,123,500 were employed, according to EDD.
Coachella had the highest unemployment rate countywide last month at
9.9%, followed by Cherry Valley at 7.5%, Mecca at 6.5%, Rancho Mirage at 6.1%,
and Hemet at 5.8%.
The combined unemployment rate for Riverside and San Bernardino
counties in October was 3.9%, unchanged from September, according to figures.
Bi-county data indicated that payrolls expanded by the widest margin
in trade, transportation and utilities, with the bulk of the 12,200 new jobs in
the shipping and warehousing space.
Additional gains were documented in the agricultural, construction,
financial services, health services, information technology, manufacturing and
public sectors, which altogether swelled by 16,300 positions regionwide.
Miscellaneous unclassified industries also grew by roughly 300 jobs,
the EDD said.
Officials said that payrolls only declined in the leisure and
hospitality sector, which shed 300 positions.
Data indicated that the statewide non-seasonally-adjusted unemployment
rate in October was 3.8%. Copyright 2022, City News Service, Inc.