Unemployment Archives - CVEP

Year-Over-Year Unemployment Rates
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Year-Over-Year Unemployment Rates

Year-Over-Year Unemployment Rates

By David Robinson|2021-05-25T17:42:35-07:00May 25th, 2021|Categories: Data Digest, Jobs, News|Tags: Coachella Valley, Unemployment|

What a difference a year makes! In April 2019, official unemployment rates for the nine Coachella Valley cities were at historic lows. Confidence in the economy was high and an ever more prosperous future seemed probable. Ignorance is bliss. How could we ever have imagined that unemployment rates would nearly triple, in just one year? [...]

Unemployment in the Coachella Valley
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Unemployment in the Coachella Valley

Unemployment in the Coachella Valley

By David Robinson|2021-04-19T15:15:36-07:00March 8th, 2021|Categories: Coronavirus, Data Digest, Economic Development, Jobs|Tags: Cathedral City, Coachella, COVID-19, David's Data Digest, desert hot springs, Indian Wells, Indio, La Quinta, Palm Desert, Palm Springs, Rancho Mirage, Unemployment|

Before COVID-19 wreaked havoc on the nation’s economy, the official unemployment rate was 3.5%. As of Friday, March 5, the official rate now stands at 6.2%. Since last April, the nation has lost 9.5 million jobs, more jobs lost than during the Great Recession. But the official unemployment rate only represents the number of people [...]