Economy

The Inland Empire posted a six percent unemployment rate in August, essentially unchanged from the previous month but above the 5.3 percent predicted one year ago. Those numbers are not adjusted for seasonal factors that typically impact the employment market, according to the state Employment Development Department. California’s unadjusted jobless …

U.S. retail sales rose in August, the result of rising consumer demand and a decline in inflation making up for a slight drop in job growth, according to a report. Retail sales nationwide, were up 0.4 percent month-over-month and 2.1 percent year-over-year, according to the National Retail Federation and CNBC. …

California’s exports increased 6.7 percent in July compared with exactly one year earlier, with a total value of nearly $15 billion, a recent study has found. The state was also the landing spot for nearly16 percent of all goods that came into the United States during the seventh month of …

Manufacturing in the Inland Empire stayed up in August, posting modest growth for the second consecutive month. The region’s purchasing managers index last month was 51.3, up from 50.9 in July, a modest increase but a possible sign of sustained growth, according to the monthly report on Inland manufacturing by …

Fifteen of the 100 largest industrial leases in the United States during the first half of 2024 happened in the Inland Empire, according to a report. Those transactions, which totaled 12.5 million square feet, included the most new leases and the most leases of one million square feet or larger, …

The state Employment Development Department has donated $995,000 to the Riverside County Workforce Development Division. The grant will be used to help anyone who may lose their job because of the pending closure of Chuckawalla Valley State Prison in Blythe, which is scheduled for October, according to a statement on …