Great Recession In The Inland Empire

The Inland Empire, a region that once flourished with citrus, vineyards, dairy, and farms has now become a province of industrialization that stems from urbanization and industrial corporations; as a result from this transformation in agriculture to industrialization has brought a new economy to the region. This new economic prosperity enabled many residents of the region to be financially stable, but in the year 2007 the Great Recession impacted the world, and this once prosperous region was put into an economic decline causing the lives of multiple individuals to change forever. This Great Recession in the Inland Empire brought turmoil and chaos into these communities that once had a significant employment rate, but with the recession caused the unemployment rate to increase at an 11.5%, thus leaving a vast majority to loose the occupations that they once held. …show more content…
The recession may have caused for a lost of jobs for many in the region there has been a recent development this past year that will guarantee jobs for those once employed in the Inland Empire region because Amazon has decided to build a new facility in the region bring a new economic opportunity to the province and the unemployed. Amazon has committed to providing new job opportunities to the unemployed that would decrease the unemployment rate and provide many residents the opportunity to find employment for the first time since the economic crisis. Although the Great Recession has left the Inland Empire financially unstable there are new opportunities developing to help bring this region new