San Diego County's jobless rate hasn't been this high since the start of 2022 when the economy was still climbing out of pandemic lockdowns. There wasn't any industry that had a particularly large collapse to end the summer but just a lot of small cuts spread across several sectors
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More than 2 million mortgages were in some stage of delinquency as of October.
The Biden administration could help those from turning into foreclosures, a CoreLogic economist said.
The federal government can take concrete action to help stop a repeat of the Great Recession.
The wave of pandemic-driven foreclosures that looms over the US housing market has been temporarily held at bay by emergency protections for homeowners.