UCSB economist: ‘Bad news and good news’ with plentiful jobs but high unemployment
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Region’s unemployment rate ticks down, state’s stays flat
The tri-county region’s combined unemployment rate inched down from 6.2% in June to 6.1% in July, as both the labor force and the number of jobs grew in each county. Ventura County’s unemployment rate in July was 6.4%, the same as the previous month, according to data released Aug. 20 by the California Employment Development Read More →
Region’s unemployment rate grew in June
Unemployment rates in the tri-county region crept back up in June, as the growth in jobs wasn’t enough to keep pace with an increase in people looking for work. The combined unemployment rate across Ventura, Santa Barbara and San Luis Obispo counties was 6.2% in June, up from 5.6% in May, according to data released Read More →
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 →
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 →
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 →
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 →
