California’s unemployment rate dropped to five percent in February, according to data released Friday. That marked eight consecutive months of job growth and was the lowest unemployment rate in the state since February 2007, the state Employment Development Department reported. The state also added 22,900 jobs in February, building on …
Read More »Administration could help Inland Empire
That’s the opinion of one local economist, but another says California, under the new administration, could pay for being too Democratic. Meanwhile, one commercial real estate broker is pleased a true businessman is in the Oval Office. How will the Inland Empire fare under the Trump Administration? That depends on …
Read More »Inland Empire job market a mixed bag
The Inland Empire registered an unemployment rate of 5.6 percent in January, up from a revised 5.1 percent in December but down from 5.9 percent exactly one year earlier, according to data released Friday. California recorded a 5.5 percent unemployment rate during the first month of 2017, the state Employment …
Read More »Another good month for Inland Empire manufacturing
The Inland Empire’s manufacturing sector is off to a good start in 2017. The two county region’s purchasing managers index was 58.6 in February, up from 56.8 in January, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino, which released its latest monthly report …
Read More »Economist: Trump not likely to be generous with California
California could fare badly during the next four years at the hands of the Trump Administration, the result of the state’s overwhelming support for Hillary Clinton last November, a local economist said Wednesday. The new administration won an unexpected victory last fall, a victory that turned out to be even …
Read More »U.S. adds jobs, but unemployment still rises
U.S employers added more jobs than expected in January, but not enough to keep the national unemployment rate from rising slightly, according to data released Friday. Overall, the economy added 277,000 jobs during the first month of the year, with many of those in construction and retail, the U.S. Bureau …
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