Consumer and business spending in the Inland Empire is on the rise, according to data released Wednesday. Taxable sales in Riverside and San Bernardino counties grew 6.4 percent between the fourth quarter of 2014 and the fourth quarter of last year, the UC Riverside School of Business Administration Center for …
Read More »State Adds Jobs, Unemployment Rate Drops
Employers in California added 15,200 workers to their payrolls during May, according to data released Friday by state Employment Development Department. Overall, the state’s unemployment rate stood at 5.2 percent at the end of last month, a solid number but above the national rate of 4.7 percent, the department reported …
Read More »Job Market Hits a Bump in the Road
The U.S. job market stalled last month, adding only 38,000 jobs, according to data released Friday. Despite that, the national unemployment rate dropped to 4.7 percent, down from five percent in April, the U.S. Department of Labor stated in its monthly jobs report. The new jobs number was reportedly the …
Read More »Local Manufacturing Keeps Growing
The Inland Empire’s manufacturing sector recorded another solid month in May. The region’s purchasing manager’s index was 55.0, the fifth consecutive month it’s been above 50, according the monthly report on manufacturing by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino, which was released Wednesday. …
Read More »State Posts Solid Job Numbers
California’s unemployment rate fell to 5.3 percent in April, as the state added 59,600 non-agricultural jobs to its payrolls. That figure was essentially unchanged from March but was a 1.2 percent drop year-over-year, according to the California Employment Development Department’s monthly jobs report, which was released Friday. Between April 2015 …
Read More »Job Market Slows
The U.S. economy added 160,000 non-agricultural jobs in April, a decent showing but a slowdown compared with the previous six months. Nationwide, the unemployment rate remained at five percent last month, according to the U.S. Department of Labor’s monthly jobs report, which was released Friday. The department also revised down …
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