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Temecula’s Unemployment Rate Drops to 7.4 Percent

Temecula’s labor force numbered 38,500 in February, with 2,800 people out of work.

Despite the numbers dropped in February, data out today from the California Employment Development Department showed.

The city's non-seasonally-adjusted jobless rate in February, based on preliminary estimates, was 7.4 percent, according to the state agency.

Temecula’s jobless rate is more than a percentage point lower than it was a year ago when the February 2012 unemployment rate was 8.7 percent. In February 2011, the city’s jobless rate was 9.6 percent.

Riverside County's unemployment rate dropped below 11 percent last month as most sectors of the regional economy added jobs, the EDD reported today.

The county's non-seasonally-adjusted jobless rate in February, based on preliminary estimates, was 10.9 percent, compared to 11.5 percent in January, according to the California EDD.

The rate was almost two percentage points below the level of February 2012, when unemployment stood at 12.7 percent.

The county’s civilian labor force last month numbered 953,800 people, with 103,800 out of work, according to figures.

Temecula’s labor force numbered 38,500 in February, with 2,800 people out of work.

The city of Cabazon had the highest unemployment rate countywide, at 27.2 percent, followed by Mecca at 21.8 percent and Homeland at 21.4 percent, according to the EDD.

The combined unemployment rate for Riverside and San Bernardino counties in February was 10.8 percent, down from 11.5 percent the prior month.

Bi-county data indicated payrolls expanded in all but a few sectors. The largest increase was in educational and health services, where around 2,200 positions were added. Roughly 5,000 jobs were added in other sectors

Payrolls shrank in farming, manufacturing, mining, as well as leisure and hospitality, which altogether shed a total 3,000 jobs last month. The biggest drop was in trade, transportation and utilities, where 3,100 losses were recorded. Retail trade accounted for most of the decrease, reflecting a decline in demand for seasonal workers after the holidays.

The state's non-seasonally-adjusted jobless rate in February was 9.7 percent, according to the EDD. --City News Service and Toni McAllister contributed to this report.

Artemis Gordon March 30, 2013 at 01:42 PM
These figures don't accurately reflect joblessness. What isnt shown is are the thousands of workers that can't find a job and finally gave up. Add another 5%.

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