IE5: Unemployment

Augie's in an LA Times photo set

From an economic conference sponsored by the University of Redlands:

The unemployment rate in the Inland Empire is currently 9.1%, double what it was two years ago.  It’s forecasted to reach 12.4% in two years and gradually improve from there, although the forecast, from Beacon Economics, predicts that it won’t reach its pre-recession level until 2013.

Inland Empire unemployment rates (August):

2006: 4.8%

2007: 6.1%

2008: 8.8%

(Photo of Augie’s Coffee Shop, from an odd LA Times article on Redlands.)

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  1. Pingback: » IE*: More on job losses in the Inland Empire CQ2

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