Economy

U.S. employers added 255,000 jobs in July, temporarily easing concerns about a possible economic slowdown, according to data released Friday. Despite that solid number, the national unemployment rate stayed at 4.9 percent, a sign that more people are looking for work than were looking earlier this year, the U.S. Bureau …

The Inland Empire’s purchasing manager’s index took a major drop during July, falling below 50 for the first time since December. The index fell to 46.5 last month, down nearly eight points from June’s 54.4, according to data released Sunday evening by the Institute of Applied Research and Policy Analysis …

A study by CBRE Group Inc. has confirmed what anyone familiar with the Inland Empire industrial market probably already knew: the growth of e-commerce warehouse-distribution centers has fueled an unprecedented rate of development in the region. Development in the 12 largest inland-port markets in the United Sates is growing at …

California recorded a 5.4 percent unemployment rate in June, up 0.2 percent compared with May but down from 6.2 percent year-over-year, the state Employment Development Department reported Friday. The increase came despite the fact that California employers in the public and private sector – not counting agriculture – added 40,300 …

U.S. businesses added 287,000 jobs in June, more than making up for the economy’s weak performance in May, the U.S Bureau of Labor Statistics reported Friday. That was well above the 175,000 jobs that were expected to be added to public and private-sector payrolls last month, according to a report …

Manufacturing in the Inland Empire held its own last month, according to data released Friday. The region’s purchasing manager’s index was 54.4 in June, virtually unchanged from the 55.0 recorded in May, Cal State San Bernardino’s Institute of Applied Research and Policy Analysis reported in its monthly manufacturing study. This …