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A tale of two forecasts: UCSB report describes strong 2018-19, disastrous 2020

By   /  Sunday, September 20th, 2020  /  Latest news, Tourism, Tri-County Economy  /  Comments Off on A tale of two forecasts: UCSB report describes strong 2018-19, disastrous 2020

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Unemployment rate drops in Tri-Counties, still in double digits

By   /  Friday, August 21st, 2020  /  Central Coast, East Ventura County, Latest news, South Coast, Tri-County Economy, West Ventura County  /  Comments Off on Unemployment rate drops in Tri-Counties, still in double digits

Unemployment rates in Ventura, Santa Barbara and San Luis Obispo counties continued to inch downward in July, though all three remained at historically high levels in the fourth month of the coronavirus pandemic. The combined civilian unemployment rate for the tri-county area was 10.7 percent in July, according to a Business Times analysis of data Read More →

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June unemployment drops in region, still historically high

By   /  Friday, July 17th, 2020  /  Latest news, Tri-County Economy  /  Comments Off on June unemployment drops in region, still historically high

Unemployment rates in Ventura, Santa Barbara and San Luis Obispo counties all dropped in June, but all three remained in double digits, and worse than the nadir of the Great Recession a decade ago, according to data released July 17 by the California Employment Development Department. Ventura County’s unemployment rate was 12.6 percent in June, Read More →

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Unemployment rates fall across the Tri-Counties

By   /  Monday, June 22nd, 2020  /  Latest news, Tri-County Economy  /  Comments Off on Unemployment rates fall across the Tri-Counties

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Our view: Unemployment insurance fund needs to be fixed

By   /  Friday, May 8th, 2020  /  Editorials, Latest news, Law, Opinion, Small Business  /  Comments Off on Our view: Unemployment insurance fund needs to be fixed

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CLU economists say short lockdown key to small business survival

By   /  Monday, April 13th, 2020  /  Central Coast Health Watch, East Ventura County, Education, Latest news, Tri-County Economy  /  Comments Off on CLU economists say short lockdown key to small business survival

A new report from the Center for Economic Research & Forecasting at California Lutheran University underscores the ferocity of the debate around re-opening the economy. CERF forecasters Matthew Fienup and Dan Hamilton now project a stunning, nearly 20 percent drop in GDP and Great Depression levels of job losses, followed by a long, slow U-shaped Read More →

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COVID-19 layoffs skyrocket in Tri-Counties

By   /  Friday, April 10th, 2020  /  Latest news, Small Business, Tri-County Economy  /  Comments Off on COVID-19 layoffs skyrocket in Tri-Counties

In the first month after the novel coronavirus arrived in the region, tens of thousands of people in the Tri-Counties lost their jobs when their workplaces shut or slowed, and experts predict April and May will bring unemployment rates unseen since the Great Depression. The pandemic has touched every part of the tri-county economy, from Read More →

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