Tuesday , March 19 2024

Economy

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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Solid U.S. Jobs Report for July

Solid Job Growth in December

U.S. employers added 255,000 jobs in July, temporarily easing concerns about a possible economic slowdown, according to data released Friday. Despite that solid number, the national unemployment rate stayed at 4.9 percent, a sign that more people are looking for work than were looking earlier this year, the U.S. Bureau …

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Inland Empire Manufacturing Slows

The Inland Empire’s purchasing manager’s index took a major drop during July, falling below 50 for the first time since December. The index fell to 46.5 last month, down nearly eight points from June’s 54.4, according to data released Sunday evening by the Institute of Applied Research and Policy Analysis …

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Report: E-Commerce Leads Logistics Growth

Logistics Growth

A study by CBRE Group Inc. has confirmed what anyone familiar with the Inland Empire industrial market probably already knew: the growth of e-commerce warehouse-distribution centers has fueled an unprecedented rate of development in the region. Development in the 12 largest inland-port markets in the United Sates is growing at …

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Unemployment, Jobs Both Rise

Unemployment, Jobs Both Rise

California recorded a 5.4 percent unemployment rate in June, up 0.2 percent compared with May but down from 6.2 percent year-over-year, the state Employment Development Department reported Friday. The increase came despite the fact that California employers in the public and private sector – not counting agriculture – added 40,300 …

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