Economy

A little more than 183 million people say they will shop in store or online during the Thanksgiving Day weekend. If that forecast is correct, it will top last year’s record of 182 million shoppers during the five-day weekend that begins Thanksgiving Day, and lasts through Cyber Monday, according to …

California lost 5,500 non-agricultural jobs in October, according data released by the Employment Development Department. That follows a month in which the state added a revised 12,700 non-farming jobs, the department reported Nov. 15. The state’s adjusted unemployment rate in October – 5.4 percent – was essentially unchanged from September. …

U.S. retailers are adding a healthy number of seasonal hires for the upcoming holiday shopping season, although not quite as many as they did one year ago, according to a forecast. Stores will hire approximately 520,000 temporary workers to help them with this year’s Christmas rush, slightly under the 564,200 …

Inland Empire manufacturing continued to grow in October despite a drop in production within the two-county region, according to a report. The purchasing managers index last month was 53.3, down from 56.2 in September, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. A …

California exported $15.9 billion worth of goods in September, a 6.4 percent year-over-year increase, according to a report. U.S. exports were essentially unchanged during September, going up only 0.1 percent to $171.4 billion, according to an analysis by Beacon Economics in Los Angeles based on data compiled by the U.S. Census …

U.S. consumer spending is expected to reach an average of $902 per person during the holiday shopping season, according to the National Retail Federation. That is about $25 more per person than in 2023, and $16 higher than the previous record set in 2019, the Washington D.C.-based trade association reported …