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 …
Read More »Manufacturing returns to form
As expected, manufacturing in the Inland Empire bounced back in January, according to data released Wednesday. The region’s purchasing managers index was 56.8 during the first month of the year, up from 47.4 in December, the Institute of Applied Research and Policy Analysis reported. Anything 50 or above means the …
Read More »State unemployment down
California’s unemployment rate fell to 5.2 percent in December, as state employers added a net of 3,700 non-agricultural jobs, according to data released Friday. Trade, utilities, transportation and hospitality posted the largest gains, while professional and business services – usually a reliable growth category – posted losses, the state Employment …
Read More »More jobs, but unemployment still goes up
The U.S. economy added an estimated 156,000 non-agricultural jobs in December, according to data released Friday. Wages were up 2.9 percent year-over-year, the strongest gain in that category in seven years and a sign that the economic recovery is finally showing up in workers’ paychecks, the U.S. Bureau of Labor …
Read More »Inland Empire Manufacturing Slumps
The Inland Empire’s manufacturing sector is no longer growing. The two-county region’s purchasing managers index was 47.4 in December, the third consecutive month that figure was below 50, according to data released Wednesday by the Institute of Applied Research and Policy Analysis at Cal State Fullerton. Because 50 is the …
Read More »Inland Empire Economic Growth Revised Up
The Inland Empire economy grew slightly more during the third quarter than previously estimated, according to data recently released. Riverside and San Bernardino County’s gross metropolitan product grew 2.6 percent annually through the third quarter, not 2.2 percent as was reported last month, the UC Riverside School of Business Center …
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