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Economy

Report: IE to keep adding jobs in 2017

inland empire jobs

The Inland Empire is on pace to add 44,907 jobs during 2017, an increase of 3.2 percent year-over-year if that prediction holds true, according to a report Two thousand seventeen should be the fifth consecutive year that the Inland region adds approximately 45,000 jobs, regional economist John Husing stated in …

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Inland Empire adds jobs

The Inland Empire recorded a 6.1 percent unemployment rate in July, up from 5.5 percent in June, according to data released Friday. That was below the 6.7 percent that was predicted for the two-county region for one year, the state Employment Development Department reported in its monthly analysis of the …

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Inland Empire rents rise

Apartment Rental Rates Expected to Rise

The average monthly multifamily rent in the United States last month was $1,350, a month-over-month increase of only $1, a report released Thursday stated. Year-over-year, multifamily rents were up 2.6 percent in July, according to Yardi Matrix, a global commercial real estate research and data firm. Multifamily rents have gone …

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More jobs, but employment rate is stagnant

U.S. add jobs, unemployment rate stays flat

The U.S. economy added 209,000 non-agricultural jobs in July, the U.S. Department of Labor reported Friday. Unemployment remained essentially unchanged last month at 4.3 percent, although that did match the 16-year low the nation’s jobless rate reached in May, according to the department’s monthly jobs report. Average hourly earnings in …

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Clean air, climate change measures help Inland Empire economy

Inland Empire Rents on the Rise

An estimated $9.1 billion and 41,000 jobs were added to the Inland Empire economy from 2010 to 2016, the result of clean air initiatives and the battle to stop climate change, a study has found. Indirectly, that spending created more than 73,000 jobs and pumped approximately $14.2 billion into the …

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Local manufacturing stays hot

Inland Empire Makes News in Manufacturing.001

Manufacturing in the Inland Empire grew for the seventh consecutive month in July. The region’s purchasing managers index last month was 58.3, a month-over-month increase of 3.5, according to a report released Wednesday by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. Fifty or above …

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