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Economy

Jobs report could be bad for IE

Jobs report could be bad for IE

There could be ominous news for the Inland Empire in the latest report on U.S. employment. The economy create only 142,000 jobs in September as the unemployment rate remained at 5.1 percent, according to data released Friday by the U.S. Department of Labor. Virtually everyone agreed the report was weak …

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IE economic forecast almost nothing but positives

Anyone who attended the Sixth Annual Inland Southern California Economic Forecast Thursday must have left feeling optimistic about the state of the two-county region. Economist Chris Thornberg, a founding partner with Beacon Economics in Los Angeles, painted a rosy picture of both the U.S. and California economies before the crowd …

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Strong Halloween sales predicted

Strong Halloween sales predicted

The Halloween shopping season is starting to heat up, and so far Disney products are in the lead, at least at one Inland Empire store. “We’re starting to sell more Halloween stuff, and so far Disney is the most popular, although it’s still early,” said Jason Murphy, manager of Party …

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Holiday hiring looks to be a little flat this year

 Both locally and nationally, the retail industry will apparently hire the same number of people this year that it hired last year. Still, the projected hiring numbers released so far aren’t bad, and the market is a lot better now than it was a few years ago. If the first …

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Gas prices stay low

Gas prices stay low

Gas prices continued to drop this week. Statewide, one gallon of regular gasoline sold for an average of $3.04, down from $3.14 last week and $3.49 one month ago, according to AAA’s Daily Fuel Gauge Report. The national average was $2.28, down four cents during the past week and 33 …

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State posts strong job growth, unemployment falls

Inland Empire Business News December 17th.002

California’s unemployment rate fell to 6.1 percent in August as the state added 36,300 new non-farm jobs during the month. Employers in California have added more than two million jobs since the recovery officially began in February 2010, according to data released Friday by the state’s Employment Development Department. The …

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