Unemployment rate dips Valley-wide

As California’s May unemployment rate reduced to 4.2 percent, Valley communities are joining in the trend, California’s employment agency reports.

As California’s May unemployment rate reduced to 4.2 percent, Valley communities are joining in the trend, California’s Employment Development Department reports.

As California’s May unemployment rate reduced to 4.2 percent, Valley communities are joining in the trend, California’s Employment Development Department reports.

ADVERTISEMENT

Fresno, Kern, and Merced Counties all saw the greatest drop in unemployment year-over-year as of June with a half-percent reduction in the unemployed population.

Fresno County added 2,000 jobs to its workforce, reducing unemployment to 6.4 percent from 6.9 percent in May 2018.

For the city of Fresno also saw a half-percent decrease in unemployment, from 5.2 percent to 4.8 percent. City officials told GVWire the move was the first time Fresno’s jobless rate was below 5 percent.

Further south, Kern County added 7,000 jobs from 2018, reducing unemployment to 7.2 percent.

Tulare, Merced, Madera, and Kings counties saw declining and flat job supply but greater workforce declines that led to decreased unemployment.

Kings County job growth remains flat, with no net non-seasonal jobs added through June from last year. Meanwhile, a workforce reduction of one hundred people dropped unemployment to 6.7 percent.

And while Merced County lost 200 jobs between 2018 and 2019, its workforce declined by 900 people, leaving its unemployment rate down to 7.3 percent.

Tulare County saw a workforce reduction of 3,300 people and a loss of just 2,500 jobs. Given the workforce losses, unemployment declined three-tenths of a percent from 2018 to 8.1 percent.

Madera County saw a net-loss of 500 jobs, but workforce declines of 600 workers, leaving unemployment down two-tenths of a percent at 6.3 percent.

Fresno, Kern, and Merced Counties all saw the greatest drop in unemployment year-over-year as of June with a half-percent reduction in the unemployed population.

Fresno County added 2,000 jobs to its workforce, reducing unemployment to 6.4 percent from 6.9 percent in May 2018.

For the city of Fresno also saw a half-percent decrease in unemployment, from 5.2 percent to 4.8 percent. City officials told GVWire the move was the first time Fresno’s jobless rate was below 5 percent.

Further south, Kern County added 7,000 jobs from 2018, reducing unemployment to 7.2 percent.

And while Merced County lost two hundred jobs between 2018 and 2019, its workforce declined by nine hundred people, leaving its unemployment rate down to 7.3 percent.

Tulare and Kings County saw declining and flat job supply but greater workforce declines that led to decreased unemployment

Kings County job growth remains flat, with no net non-seasonal jobs added through June from last year. Meanwhile, a workforce reduction of one hundred people dropped unemployment to 6.7 percent.

Total
0
Shares
Related Posts