Merced County unemployment rate continues to fall

05/17/2013 10:42 AM

05/17/2013 10:44 AM

Merced County’s unemployment rate continues to drop, though it remains well above state and national averages.

According to numbers released Friday, April’s unemployment rate was 15.5 percent, compared with a revised 17.2 percent the previous month and 18.0 percent in April 2012. Drops year-over-year signal growth in the economy.

To the north, Stanislaus County’s unemployment rate for April was 13.4 percent in April 2013, down from a revised 14.5 percent in March. A year ago, the estimate was 15.8 percent.

Nationally, the unemployment rate for April was 7.1 percent, with California seeing a rate of 8.5 percent.

We will have more on this story later today.

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