Southern California’s worker count is just 108,000 short of replacing all the jobs lost in pandemic lockdowns.
Two years ago, the initial lockdowns of the pandemic era crushed Southern California’s job market.
That staff-slashing spree pushed the four-county unemployment rate to a pandemic high of 17.6%, up from 3.9%. Southern California’s worker count is just 108,000 short of pre-pandemic employment. Joblessness in the region has fallen to 4.1%.The unprecedented help given to consumers and corporations restored employment and boosted savings accounts and investment values.
The rehiring spree has left just 363,000 unemployed as of April 2022 — that’s roughly one-third less than the average number of out-of-work Southern California since 1990. Early in the pandemic, there were fears shopping centers might become extinct. Southern California’s store owners cut 150,000 jobs as clicking for goods at home became too easy.
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