All posts tagged "Economy"
State unemployment stays up
California’s unemployment rate remained high in May despite the addition of 141,600 jobs, the result of the state economy’s gradual reopening. The jobless rate last month was 16.3 percent, essentially unchanged from the revised 16.4 percent for...
- Posted June 23, 2020
IE to lose more than 70,000 jobs this year
The Inland Empire will likely lose 70,600 jobs this year because of COVID-19, according to a recent forecast. That would be a 4.5 percent drop – from 1,556,900 jobs to 1,486,300 jobs – between 2019 and 2020,...
- Posted June 17, 2020
May yields an unexpected jobs report
The federal government’s employment report for April wasn’t the disaster a lot of people expected it to be. Whether it was a blip or a sign that the economy has absorbed the worst blows from COVID-19, remains...
- Posted June 15, 2020
IE manufacturing improves – on paper
Inland Empire manufacturing roared back in May, one month after one of its worst month’s ever. The region’s purchasing managers index was 56.9, up from an abysmal 41.8 in April, the Institute of Applied Research and Policy...
- Posted June 4, 2020
State loses record number of jobs
California jobless rate hit 15.5 percent in April, as employers eliminated a record 2.3 million jobs, according to data. About one-fifth of the state’s workforce was put out of work last month, as every major industrial sector...
- Posted May 25, 2020
U.S. jobless rate skyrockets
The U.S. unemployment rate rose to 14.7 percent in April, the highest rate since the Great Depression. In all, 20.5 million jobs went away last month – the worst job-loss month on record – as the COVID-19...
- Posted May 11, 2020