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Economy

U.S. add jobs, unemployment rate stays flat

U.S. add jobs, unemployment rate stays flat

The U.S. economy added 151,000 jobs in August, a respectable number but not enough to move the unemployment rate, which remained at 4.9 percent for the third month in a row. An estimated 7.8 million people were unemployed last month, essentially unchanged from September, the U.S. Bureau of Labor Statistics …

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Inland manufacturing bounces back

After one of its worst months in recent memory, the Inland Empire’s manufacturing sector came roaring back in August. The regions purchasing managers index for last month was 60, one of the largest indexes in recent memory and a major improvement from the 46.5 that was recorded in July, according …

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Report says California is losing businesses to other state in droves

California is losing businesses to other state

The study, which was released earlier this year, says the state lost more than 10,000 businesses during the eight-year period that ended in 2015. However, the U.S. Department of Labor says the state’s job count went up during that time. Is California losing jobs in droves to other states as some …

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Inland Empire Unemployment Up Slightly

Unemployment, Jobs Both Rise

The Inland Empire’s unemployment rate rose slightly in July, according to data released Friday. The two-county region recorded an unemployment rate of 6.9 percent last month, up from a revised 6.6 percent in June, the state Economic Development Department reported in its monthly analysis of California’s job market. That was …

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Solid U.S. Jobs Report for July

Solid Job Growth in December

U.S. employers added 255,000 jobs in July, temporarily easing concerns about a possible economic slowdown, according to data released Friday. Despite that solid number, the national unemployment rate stayed at 4.9 percent, a sign that more people are looking for work than were looking earlier this year, the U.S. Bureau …

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Inland Empire Manufacturing Slows

The Inland Empire’s purchasing manager’s index took a major drop during July, falling below 50 for the first time since December. The index fell to 46.5 last month, down nearly eight points from June’s 54.4, according to data released Sunday evening by the Institute of Applied Research and Policy Analysis …

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