Valley News -

County's jobless rate falls to historic low

 

Last updated 5/24/2018 at 12:17pm



RIVERSIDE – Riverside County’s unemployment rate fell to 3.8 percent last month – its lowest level recorded in the state’s electronic database going back almost three decades, according to figures released Friday, May 18.

The jobless rate in April, based on preliminary estimates, was four-tenths of a percentage point lower than in March, according to the California Employment Development Department.

Agency figures also showed that the April rate was 1.2 percentage points below the year-ago level, when countywide unemployment stood at 5 percent.

Roughly 41,000 residents were looki...



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