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Economy

State Posts Solid Job Numbers

State Posts Solid Job Numbers

California’s unemployment rate fell to 5.3 percent in April, as the state added 59,600 non-agricultural jobs to its payrolls. That figure was essentially unchanged from March but was a 1.2 percent drop year-over-year, according to the California Employment Development Department’s monthly jobs report, which was released Friday. Between April 2015 …

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Job Market Slows

Jobs report could be bad for IE

The U.S. economy added 160,000 non-agricultural jobs in April, a decent showing but a slowdown compared with the previous six months. Nationwide, the unemployment rate remained at five percent last month, according to the U.S. Department of Labor’s monthly jobs report, which was released Friday. The department also revised down …

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Inland Empire Manufacturing Stays Strong

Inland Empire Manufacturing Stays Strong

Manufacturing in the Inland Empire remained solid during April, according to data released Monday. The region’s purchasing manage’s index last month was 52.3, up slightly compared with March, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. It was also the fourth consecutive month …

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State, Inland Empire Job Numbers Continue to Improve

State, Inland Empire Job Numbers Continue to Improve

California’s unemployment rate dropped to 5.4 percent in March, as the state added 4,200 non-agricultural jobs during the third month of the year. That figure was essentially unchanged from February – 5.5 percent – but it represented a drop of more than one percent year-over-year, according to data released Friday …

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Apartment Rental Rates Expected to Rise

Apartment Rental Rates Expected to Rise

Apartment residents in the Inland Empire should expect to pay more in rent during the next two years. Average multifamily rental rates are expected to increase by $84 in Riverside and San Bernardino counties through 2018, according to the annual USC Casden Multifamily Forecast, which was released Wednesday. That’s a …

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Inland Empire Manufacturing Slows

Inland Empire Manufacturing Slows

Manufacturing in the Inland Empire continued to grow during March, but not by very much. The region’s purchasing managers index last month was 51.7, down from 56.4 in February, according to the Inland Empire Report on Business, which was released Friday. That’s a classic “good news-bad news” scenario: on the …

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