RIVERSIDE-SAN BERNARDINO-ONTARIO METROPOLITAN STATISTICAL AREA (MSA) (RIVERSIDE AND SAN BERNARDINO COUNTIES) Nonfarm jobs down by 5,500 over the month; up 12,800 over the year
The unemployment rate in the Riverside-San Bernardino-Ontario MSA was 5.1 percent in March 2020, up from a revised 4.0 percent in February 2020, and above the year-ago estimate of 4.2 percent. This compares with an unadjusted unemployment rate of 5.6 percent for California and 4.5 percent for the nation during the same period. The unemployment rate was 5.3 percent in Riverside County, and 4.9 percent in San Bernardino County.
Between February 2020 and March 2020, total nonfarm employment declined from 1,549,100 to 1,543,600, a loss of 5,500 jobs. Agricultural employment increased by 1,200 jobs.
- Leisure and hospitality (down 3,300) recorded the largest payroll loss over the month. Accommodation and food services (down 2,800), accounted for 85 percent of the job loss. Within accommodation and food services, food services and drinking places (down 2,700), recorded the largest employment decrease. Arts, entertainment, and recreation declined by 500 jobs over the month.
- Four other industries recorded month-over job losses, professional and business services (down 2,700), construction (down 2,200), trade, transportation, and utilities (down 1,200), and other services (down 800).
- Information and mining and logging remained unchanged over the month.
- Government (up 2,700), financial activities (up 900), educational and health services (up 800), and manufacturing (up 300) posted job gains over the month.
Between March 2019 and March 2020, nonfarm employment increased by 12,800 jobs (up 0.8 percent). Agricultural employment declined by 300 jobs (down 2 percent).
- Trade, transportation, and utilities (up 12,800), registered the largest employment increase over the year. Most of the employment expansion was concentrated in transportation, warehousing, and utilities (up 11,600). Retail trade added 900 jobs and wholesale trade gained 300 jobs over the year.
- Year-over employment gains were also recorded in educational and health services (up 10,800), construction (up 1,100), financial activities (up 700), and professional and business services (up 300).
- Year-over job losses were recorded in leisure and hospitality (down 7,500), manufacturing (down 2,600), other services (down 1,900), government (down 800), and information (down100).
- Mining and logging reported no change over the year.