Share
Unemployment has never been lower in the city of Fresno, according to state data released Friday, city officials announced.
Fresno’s jobless rate fell a half-point from 5.2% in April to 4.8% in May. City officials say it is the first time that Fresno’s jobless rate has fallen below 5%.
The city’s numbers track with EDD’s data on the county and state levels. Fresno County’s unemployment rate for May was 6.4%, a tenth of a point away from the county’s lowest mark on EDD records dating back to January 1990. The state’s unemployment rate was 4.2% for the second straight month.
Double-digit Unemployment Just a Few Years Ago
Fresno Mayor Lee Brand said the recent openings and expansions of massive distribution centers, and the jobs they provide, are only part of the story.
“This is undeniable proof that our efforts are paying off, not just with new e-commerce jobs at Amazon, Ulta and the Gap, but in the number of ribbon-cuttings on new business and expansions by existing business,” Brand said in a statement. “The numbers also prove that we can’t be satisfied with our success.
“This momentum can only continue by maintaining our focus on creating an environment for good paying jobs that will improve the quality of life for everyone in Fresno.”
The May jobless rate marks the lowest figure for Fresno since its most recent low of 5.0% in March 2018, according to the EDD, and is more than three points lower than the 8.1% unemployment rate released for May 2017, just two years ago.
It’s quite a rebound from five years ago. In 2014, roughly four years after the Great Recession, Fresno’s unemployment rate for the full year was 12.5%.
RELATED TOPICS:
Officer Killed After Gunman Took Hostages at Pennsylvania Hospital
5 hours ago
Kash Patel Plans to Move Up to 1,500 Workers Out of Washington
12 hours ago
US and Ukraine Nearing Rare Earths Deal That Would Tighten Relationship
12 hours ago
Trump Fires Chairman of the Joint Chiefs of Staff and Two Other Military Officers
12 hours ago
Less Is More: 5 Ingredient Dinners Are Easier Than You Think
12 hours ago
Warren Buffett Offers Trump Some Advice While Celebrating Berkshire’s Success
12 hours ago
Pope Francis in Critical Condition After Long Respiratory Crisis
5 hours ago
Categories

Pope Francis in Critical Condition After Long Respiratory Crisis

Musk Gives All Federal Workers 48 Hours to Explain What They Did Last Week

Fresno State Suspends 2 Players, Removes Another Amid Gambling Investigation

Officer Killed After Gunman Took Hostages at Pennsylvania Hospital

Kash Patel Plans to Move Up to 1,500 Workers Out of Washington
