IE Business Daily Business news for the Inland Empire.
The Inland Empire recorded an unadjusted 3.9 percent unemployment rate in October, unchanged from September and well below the 6.1 percent predicted one year ago, according to data released Friday.
Statewide, 27,600 non-agricultural jobs were added between September and October, with trade, and transportation adding 12,200 jobs during that time, the most of any sector, the state Economic Development Department reported.
Sixty-nine percent of California’s job growth happened in transportation, warehousing, and utilities (up 8,500), followed by gains in retail trade (up 3,400), and wholesale trade (up 300). The government added 4,800 jobs while eight of the 10 remains sectors recorded payroll gains, the department reported.
Leisure and hospitality dropped 300 jobs between September and October, the only non-agricultural sector to post a decline.
California added 86,100 non-farm jobs between October 2021 and October of this year, a 5.4 percent increase. The state’s unadjusted unemployment rate in October was 3.8 percent, according to the department.
Unadjusted means seasonal factors that typically affect the job market aren’t taken into consideration.
California’s adjusted unemployment rate last month was four percent, the department reported.
