The Central Valley’s recovery from the recession has lagged behind the Bay Area, but this is the year it could catch up. For the first time, forecasters are ready to predict a date when the San Joaquin Valley will return to single digit unemployment rates.
Positive signs throughout the San Joaquin Valley point toward continued economic recovery, according to a report released Thursday by Gökçe Soydemir, the Foster Farms endowed professor of business economics at CSU, Stanislaus.
Joseph F. Sheley has been named president of CSU Stanislaus, the university announced Wednesday. Sheley had served as interim president of the campus since June 2012. His appointment is effective immediately.
California’s unemployment rate dropped to 9.0 percent in April, according to data released today by the California Employment Development Department (EDD) from two separate surveys. That was down from 9.4 percent in March and 10.7 percent a year ago.