It’s off to the printers! We’re very excited to debut our latest Economic report at the 18th Annual Greater Palm Springs Summit on Monday, October 31st. We’ve revamped our report with nearly 50 pages of invaluable economic and demographic data. Today’s digest is another sneak peek of useful data and information packed into our report. How has local employment rebounded since the COVID lockdown?
Above is Figure 35 from the Employment section of the report. What cities have returned to pre-pandemic levels of employment? Just three – Cathedral City, Desert Hot Springs, and Indio. In fact, employment levels in these cities now exceed levels before the pandemic. The rest have still not regained the jobs lost due to COVID restrictions. Indian Wells’ employment dropped the most proportionately from the COVID trough of March 2022. And jobs have not rebounded here as much as in the other eight cities. Palm Desert is closest to regaining its pre-COVID employment. But we will also learn at the Summit that the rebound in job numbers does not necessarily mean that the types and quality of jobs have returned.