Friday , March 29 2024

Economy

Route 66 Event Boost Local Economy

Route 66 Cruisin’ Reunion

This year’s Route 66 Cruisin’ Reunion attracted more than 150,000 people and pumped upwards of $17 million into the local economy, according to data released Thursday by the event’s organizer. By the time the party ended Sunday, the Cruisin’ Reunion attracted more than 1,000 cars, 50 vendors and had staged …

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State Jobless Rate is Static

Jobs report could be bad for IE

California added 63,100 non-agricultural jobs during August, a solid number but not enough to change the state’s unemployment rate, which remained at 5.5 percent. The state has added more than 2.3 million jobs since the recession officially ended in February 2010, the Employment Development Department stated in its monthly jobs …

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U.S. add jobs, unemployment rate stays flat

U.S. add jobs, unemployment rate stays flat

The U.S. economy added 151,000 jobs in August, a respectable number but not enough to move the unemployment rate, which remained at 4.9 percent for the third month in a row. An estimated 7.8 million people were unemployed last month, essentially unchanged from September, the U.S. Bureau of Labor Statistics …

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Inland manufacturing bounces back

After one of its worst months in recent memory, the Inland Empire’s manufacturing sector came roaring back in August. The regions purchasing managers index for last month was 60, one of the largest indexes in recent memory and a major improvement from the 46.5 that was recorded in July, according …

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Report says California is losing businesses to other state in droves

California is losing businesses to other state

The study, which was released earlier this year, says the state lost more than 10,000 businesses during the eight-year period that ended in 2015. However, the U.S. Department of Labor says the state’s job count went up during that time. Is California losing jobs in droves to other states as some …

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Inland Empire Unemployment Up Slightly

Unemployment, Jobs Both Rise

The Inland Empire’s unemployment rate rose slightly in July, according to data released Friday. The two-county region recorded an unemployment rate of 6.9 percent last month, up from a revised 6.6 percent in June, the state Economic Development Department reported in its monthly analysis of California’s job market. That was …

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