The Inland Empire's unemployment rate fell to 12.2 percent last month as employers in San Bernardino and Riverside counties added 5,200 non farm jobs, state officials reported Friday. The region's unemployment rate was at 12.5 percent in November, according to the state's Employment Development Department.
The state's numbers showed similar improvements for job markets in the Los Angeles area and California as a whole. Although unemployment remains well above pre-recession levels, unemployment rates have trended downward since the past summer. The most significant obstacles to quicker job growth, in his opinion, are a surplus of homes that is preventing a comeback for the construction industry and high levels of political animosity.
In San Bernardino and Riverside counties combined, the unemployment rate has fallen since July, Beacon's analysis of the state's numbers show. The Los Angeles area's jobless rate has fallen since October and the state's nonemployment rate has improved since September.
In Los Angeles County, the December unemployment rate stood at 11.8 percent, down by 0.1 point from the previous months. California recorded an 11.1 percent jobless rate, down from 11.3 percent in November.
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