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California Close to Recovering Jobs Lost During the Pandemic

As stated in an article in the Victorville Daily Press, August 23, 2022, California’s labor market continued to expand in July 2022, with total nonfarm employment growing by 84,800 positions. The Inland Empire also experienced the strongest recovery in the state. The employment analysis released came from Beacon Economics and the University of California, Riverside School of Business Center for Economic Forecasting and Development. With a larger portion of its workforce to be recovered, the state increased payrolls by 4.4% from July 2021 to July 2022, outpacing the 4.2% increase nationally over the same period. Regionally, job gains were led by Southern California. The Inland Empire at 132.1% has experienced the strongest recovery in the region, measured by the percentage of jobs recovered from April 2020 to July 2022, relative to the jobs lost from February 2020 to April 2020. Orange County saw the largest increase, where payrolls grew by 22,300 (1.3%) during the month. Los Angeles (MD) (21,900 or 0.5%), the Inland Empire (9,100 or 0.5%), San Diego (4,400 or 0.3%), and Ventura (700 or 0.2%) also saw their payrolls jump during the month. The health care sector led gains in July, with payrolls expanding by 16,900 positions. Payrolls in health care now surpass pre-pandemic highs, with payrolls up 2.2% since February 2020. Other sectors posting strong gains during the month were leisure and hospitality (14,900), construction (11,400), professional, scientific, and technical services (11,200), administrative support (9,300), other services (4,900), government (4,500), and information (4,400).

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