California added 90,100 non-agricultural jobs during November, according to a report released last week by the state Employment Development Department. The state has now added more than 1.5 million jobs since the recovery officially began in February 2010, according to the data, which was based on the results of two …
Read More »Inland office market is improving, but there’s a long way go
Look for vacancy rate to drop next year, but any “spec” development is a long way off With the economy on the mend, some good things are expected to happen in the Inland Empire office market during 2014. Vacancy should continue to drop, as more of the Class A and …
Read More »State unemployment declines
California’s unemployment rate dropped to 8.5 percent in November. That represented a decline of one-fifth of a percentage point from October, according to an Associated Press report. California has added 903,000 jobs since February 2010, according to the report, which cited data from the Employment Development Department. The state is …
Read More »Holiday sales rise as crunch time nears
National retail sales rose dramatically last week, as the Christmas shopping season entered its final phase. Sales were up four percent for the week that ended Sunday compared with the week that ended Dec. 7, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Index. …
Read More »U.S. worker output up dramatically
In another sign of a recovering economy, U.S workers increased their productivity between July and September at the fastest pace since the end of 2009. Productivity was up three percent year-to-year during the third quarter, up from 1.8 percent during the second quarter, according to data released Monday by the …
Read More »Tribal casino looks to hire veterans
Some unemployed veterans now have potential job prospects thanks to the Pechanga Band of Luiseno Indians. Several dozen out-of-work veterans were given face-to-face job interviews Wednesday at the tribal-owned Pechanga Resort & Casino, according to a report originally published in The Press-Enterprise. Casino officials sent out more than 110 invitations …
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