Valley News -

By City News Service
Special to Valley News 

Riverside County's jobless rate jumps in January

 

Last updated 3/21/2019 at 6:47am



A nosedive in payrolls across the board pushed the unemployment rate higher throughout the regional economy to start off the year, state officials reported Friday, March 8.

The jobless rate in January, based on preliminary estimates, was 4.8 percent, compared to 4.1 percent in December, according to the California Employment Development Department.

The rate was only one-tenth of a percentage point higher than the year- ago level, when countywide unemployment stood at 4.7 percent.

Roughly 53,200 residents were out of work in January, and 1,055,000 were employed, according to the EDD.

The...



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