Redlands unemployment rate dropped to 3.6% continuing a steady decline since it peaked at 11.4% 21 months ago when COVID-19 disrupted the economy, according to the California Employment Development Department (EDD).
It is the lowest in the East Valley, but rates throughout the region have also declined. The city of San Bernardino rate fell to 7%, lowest in several months.
Redlands remains below the U.S. rate of 3.9%.
California’s labor market continued to expand at a steady pace in December, with total nonfarm employment in the state growing by 50,700 positions over the month, according to an analysis by the Beacon Employment Report at the University of California, Riverside.
California’s growth accounted for just over one-quarter of the nation’s overall job gains for the month. The state’s gains in November also were revised up to 52,200 in the latest numbers, a 6,500 increase from the preliminary estimate of 45,700.
While California added jobs at a healthy pace in 2021, as of December 2021 the state has recovered just 72% of all the jobs lost in March and April 2020, and there are now 768,600 fewer people employed in California compared to February 2020.
Total nonfarm employment in the state has contracted 4.4% since the pandemic crisis
“Many states have fully recovered the jobs they lost during the pandemic,” said Taner Osman, research manager at the Center for Forecasting and Beacon Economics. “Since California is still playing catch-up, we expect to see stronger job growth in the state in 2022, compared to the nation overall.”
The San Bernardino County Workforce Development Board reports the county has regained 96% of the jobs lost during the pandemic.