County Still at'Full' Employment (Daily Press 061806) Remains @ 4.3 % for second month in a row!!

This is great, the County of San Bernardino has never been so well Employed since I have been in the Inland Empire. I am proud that it has worked out this way!! Ultimatly that will make the crime rate go down and things in the county of San Bernardino Looking Sky Ward for a while I hope, and I pray!! BSRanch...

County still at ‘full’ employment

Remains at 4.3 percent for second month in a row

By CHARLOTTE HOLMAN Special to the Daily Press

SAN BERNARDINO — For the second month in a row, unemployment in San Bernardino County remained at 4.3 percent in May — among the lowest jobless rates in years.

In all, 827,100 people were on payrolls in the county, while some 37,600 were out of work, according to the monthly report from the Califor nia Employment Development Department.

The 4.3 percent unemployment rate is considered to be full employment by most economists. Statewide, unemployment is estimated at 4.6 percent and 4.4 percent nationally.

The largest gain in employment came in the trade, transportation and utilities industry with the addition of 7,800 jobs.

“We’re going to see continued warehousing and distribution growth in the High Desert,” said Dr. Ron Barbieri, an economist with Lee & Associates – Victorville. “There is less and less industrial land for development in the L.A. basin, and the five city area around Ontario airport is out of land.”

As the ports are increasing and growing, the need for warehouses and distribution centers inland increase as well. Companies need land to build the necessary warehouses to accommodate the growth in the ports.

“As they run out of land down the hill, they will be moving up the hill to the High Desert area.” said Barbieri.

Professional and business jobs had the second largest gain adding 6,100 jobs this year. The construction industry made the largest gains since April, adding 1,400 jobs, but since May 2005, the construction industry ranked third, with 4,300 new jobs.

The only sectors to lose jobs in the county were the farm and the information industries. The farm industry lost 600 jobs and the information industry lost 100, despite increases in these industries since April.