Monday , November 25 2024
Breaking News

Economy

Evictions plague much of U.S.

Evictions plague much of U.S.

An estimated 2.7 million renters in the United States were evicted from their residences last year, according to data released Monday. That number could be low because there is no national database on evictions. Also, the U.S Census Bureau doesn’t track eviction-related data, although it’s scheduled to begin doing so …

Read More »

National Unemployment Falls

Inland Empire Jobless Rate Drops.002

The U.S. economy added 178,000 jobs in November and the unemployment rate fell to 4.6 percent, according data released Friday. That was a drop of 0.3 percent compared with October and the lowest national unemployment rate since August 2007, the U.S. Department of Labor reported. The national unemployment rate has …

Read More »

Inland Empire Manufacturing Slows

Inland Empire Makes News in Manufacturing.001

For the second month in a row, Inland Empire manufacturing moved in the wrong direction. The region’s purchasing managers index in November was 45.3, well below the 50 benchmark that determines whether manufacturing is growing or contracting, according to data released this week by the Institute of Applied Research and …

Read More »

Unemployment Rate Stays Flat

Inland Empire’s unemployment rate

The Inland Empire’s unemployment rate was flat in October. Riverside and San Bernardino counties registered a 6.1 percent jobless rate last month, down from 6.2 in September, according to the state Employment Development Department’s monthly jobs report, which was released Friday. That figure was essentially unchanged from October 2015, when …

Read More »

Inland Empire Economy Continues to Grow

Inland Empire Business News August 13, 2014.002

The Inland Empire economy grew by 2.2 percent during the third quarter, more than double its growth rate compared with the previous quarter. Government hiring accounted for approximately half of the jobs created in Riverside and San Bernardino counties during the third quarter, making it the largest contributor to the …

Read More »

U.S. Adds Jobs

The U.S. economy added 161,000 jobs in October, not a spectacular number but still a sign that the labor market continues to gain strength. Wage growth also rose, and the nation’s unemployment rate dropped to 4.9 percent from 5 percent in September, according to data released Friday by the U.S. …

Read More »