Region’s unemployment dropped to 6% in April, but shrinking workforce played a part
The tri-county region’s unemployment rate dropped from 6.4% in March to 6% in April, equaling its lowest rate since the pandemic began, according to a Business Times analysis of data released May 21 by the California Employment Development Department. The drop in the unemployment rate was due in part to job growth, but a shrinking Read More →
Read More →Unemployment rate drops again in region and state
Unemployment in the tri-county region dropped to 6.4% in March, the second lowest rate since the pandemic began, according to Business Times analysis of data released by the California Employment Development Department on April 16. The regional and state job markets improved as COVID-19 declined from their January high mark. The tri-county unemployment rate was Read More →
Read More →Region’s unemployment down to 6.8% in February
The tri-county region’s unemployment rate dropped more than a half a percentage point between January and February as the region began to emerge from the deadly winter surge of COVID-19 cases. The region’s combined unemployment rate was 6.8% in February, according to Business Times analysis of data released March 26 by the California Employment Development Read More →
Read More →Region’s unemployment rate flat in January as COVID surged
The tri-county region’s unemployment rate was 7.4% in January, the same as in December, as the region and state endured the second month of the winter COVID-19 surge. California’s unemployment rate was 9% in January, down from 9.3% in December, according to data released March 12 by the state Employment Development Department. The national unemployment Read More →
Read More →State ups unemployment fraud estimate into tens of billions
At least 10% and perhaps as much as 27% of the unemployment benefits paid by the state of California during the pandemic were fraudulent, according to new report from the California Economic Development Department. The department processed 19.5 million claims and paid $114 billion in benefits between March 2020 and Jan. 16, 2021, according to Read More →
Read More →Unemployment in region, state rose in December as pandemic worsened
The tri-county region’s combined unemployment rate shot up from 6% in November to 7.4% in December as a wave of COVID-19 cases brought the most widespread business closures since the spring. The rest of the state suffered a similar fate, with California’s unemployment rate going from 8.1% in November to 9% in December, according to Read More →
Read More →Tri-county unemployment down to 6.8% in October
The unemployment rate dropped by a full percentage point or more in each of the region’s three counties between September and October, according to data released Nov. 20 by the California Unemployment Development Department. Ventura County’s unemployment rate in October was 7.1%, down from 8.3% the previous month. In Santa Barbara County, the rate was Read More →
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