
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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