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Jobs Report Called Solid

Jobs Report Called Solid

The U.S. economy added 242,000 jobs in February, according to data released Friday. Despite that, the national unemployment rate remained at 4.9 percent, unchanged compared with January, the U.S. Bureau of Labor Statistics reported in its monthly jobs study. Most of those job gains happened in health care [57,000], retail …

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Another Good Month for Inland Empire Manufacturing

Another Good Month for Inland Empire Manufacturing

Manufacturing in the Inland Empire continued to expand during February. The region’s purchasing managers index was 56.5 last month, the second consecutive month that sector has grown, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. Fifty or above means the sector is expanding, …

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Temecula Adds Jobs

Temecula Adds Jobs

Temecula has added more than 1,600 jobs dating back to the first quarter of 2014. The city in Southwest Riverside County now has 50,493 jobs, nearly as many as it’s ever had in its 26-year history, according to a city statement. “We are proud of the growth we’ve experienced in …

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Jobs Report Considered a Mixed Bag

Jobs Report Considered a Mixed Bag

The U.S. economy added 151,000 non-farm jobs in January as the unemployment rate fell to 4.9 percent, the first time it’s been below five percent since 2008. The average wage paid to U.S. workers increased 12 cents last month to $25.39 an hour, according to the U.S. Department of Labor’s …

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Sigh of Relief Accompanies Latest Inland Empire Manufacturing Numbers

Manufacturing in the Inland Empire bounced back in January, one month after that sector fell to its lowest rate in six years. The Inland Empire’s purchasing managers index last month was 51.3, according to data released Monday by the Institute of Applied Research and Policy Analysis at Cal State San …

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Large Job Gains Doesn’t Stop Unemployment Jump

Large Job Gains Doesn’t Stop Unemployment Jump

California’s unemployment rate rose slightly to 5.8 percent in December compared with the previous month despite a substantial gain in jobs, according to data released Friday. The state added 60,400 non-agricultural jobs during the last month of 2015, but the unemployment rate grew one-tenth of a percentage point during that …

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