IE Business Daily Business news for the Inland Empire.
The Inland Empire’s recorded a 3.8 percent unemployment rate in April, down from an adjusted 4.3 percent in March, according to data released today.
At the same time, California posted 3.8 percent unemployment while the United States recorded a jobless rate of 3.3 percent, the California Employment Development Department reported.
Those numbers are unadjusted, meaning they don’t include seasonal factors that can influence the job market.
California’s adjusted unemployment rate in April was 4.6 percent.
The state added 41,400 non-agricultural jobs during the past month. California has recovered more than 90 percent of the jobs it lost as a result of the pandemic, the EDD reported.
“Labor supply remains the biggest constraint to job growth in the state,” said Taner Osman, research manager at the Center for Economic Forecasting and Development at UC Riverside, in a statement “As employers seek to ramp up employment during the seasonally strong summer months, worker scarcity will continue to place upward pressure on wages in the state.”
In the Inland region, non-farm employment increased from 1,634,200 to 1,644,300, an addition of 10,100 jobs. Leisure-hospitality and professional-business services added 3,300 jobs each, while educational and health services (2,500), government (1,800), construction (1,300), manufacturing (500), and financial activities (200) each post gains.
Trade, transportation and utilities (-2,800) and arts, entertainment, and recreation (- 500) both posted losses.
Then Inland Empire added 92,200 non-agricultural jobs between April 2021 and April 2022, an increase of 5.9 percent, according to the EDD.
