REMINDER: Marin Economic Briefing, December 10th, 9:00AM

Join MEF CEO Mike Blakeley and Chief Economist Dr. Rob Eyler to discuss the latest economic data and an update to the Marin Recovery Data Tool. Details are below.

When: Dec 10, 2020 09:00 AM Pacific Time (US and Canada)
Topic: MEF Economic Briefing

Register in advance for this webinar:
https://SonomaState.zoom.us/webinar/register/WN_eNIDMQDRROmlmkLKQH3bOw

After registering, you will receive a confirmation email containing information about joining the webinar.

Upcoming Events: Marin Economic Briefing, December 10th, 9:00AM

Join MEF CEO Mike Blakeley and Chief Economist Dr. Rob Eyler to discuss the latest economic data and an update to the Marin Recovery Data Tool. Details are below.

When: Dec 10, 2020 09:00 AM Pacific Time (US and Canada)
Topic: MEF Economic Briefing

Register in advance for this webinar:
https://SonomaState.zoom.us/webinar/register/WN_eNIDMQDRROmlmkLKQH3bOw

After registering, you will receive a confirmation email containing information about joining the webinar.

Marin Economic Forum: Virus impact on business could worsen

Marin IJ

The tailspin that the coronavirus has sent the local economy into might continue for a while, according to the Marin Economic Forum.

“It’s a sobering thought, but we may not have hit the bottom yet,” Mike Blakeley, the organization’s chief executive, said Thursday during a briefing on the local outlook. “The question we’re asking right now is whether Marin County is in economic recovery or not.”

Also participating in the webinar on Zoom was Robert Eyler, the forum’s chief economist. He said job losses due to the pandemic have been smaller than during the Great Recession. Marin’s unemployment rate in August stood at 7%.

Marin August unemployment drops to 7 percent

Marin IJ

Marin County’s unemployment rate in August dropped below record levels for the first time since the coronavirus pandemic began.

Marin’s unemployment rate was 7% in August, down from 9% in July but still up significantly from 2.4% recorded in August 2019, according to the California Employment Development Department. The total number of employed residents in Marin grew by 1,400 jobs from 121,800 in July to 123,200 in August.

“It’s usually a month where we don’t see much change,” said Jorge Villalobos, a research specialist with the California Employment Development Department.