All posts tagged "Economy"
State’s economy stalls
California’s economy slowed a little in May, as employers added only 5,500 jobs, according to data. Still, unemployment held at 4.2 percent, a record low, the state’s Employment Development Department reported. That marked a considerable downturn, when...
- Posted June 19, 2018
National unemployment hits 18-year low
The U.S. unemployment rate fell to 3.8 percent in May, the lowest rate recorded in 18 years. Employers nationwide added 223,000 jobs, while average hourly pay rose 2.7 percent, slightly less than it grew in April, the...
- Posted June 4, 2018
Inland manufacturing keeps growing
Manufacturing in the Inland Empire kept growing in May, according to data released Friday. The region’s purchasing managers index last month was 60.3, down from the 62.4 recorded in April but still well above the 50 benchmark...
- Posted June 2, 2018
State unemployment falls to 4.2 percent
California’s unemployment rate fell to 4.2 percent in April, down five percent year-over-year, as state employers added 39,300 non-agricultural jobs during that time, according to data. That was the lowest jobless rate recorded in the state since...
- Posted May 22, 2018
IE economy keeps growing
Business activity in the Inland Empire grew 2.2 percent annualized rate during the first quarter of this year, according to a report released Friday. That virtually matched the growth of the gross domestic product during the same...
- Posted May 14, 2018
U.S. economy nears full employment
The national unemployment rate hit 3.9 percent in April as employers added 164,000 jobs, according to data released Friday. That was the lowest monthly employment rate since 2000, and it ended a string of 4.1 percent unemployment...
- Posted May 7, 2018