Year-Over-Year Unemployment Rates

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

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

By |2021-04-19T15:15:36-07:00March 8th, 2021|Categories: Coronavirus, Data Digest, Economic Development, Jobs|Tags: , , , , , , , , , , , |

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 [...]

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