Economy

The Inland Empire’s unemployment rate may be improving, but it still has work to do in order to get where it needs to be. During October, of the 51 U.S.metropolitan areas with a population of one million or more, the Riverside-San Bernardino-Ontario market had the highest unemployment rate – 6.4 …

The U.S. economy added 211,000 new jobs in November, the result of increased consumer spending and an expansion of the construction industry, among other factors. Overall, unemployment remained at 5 percent last month, a 7.5 year low, even as more U.S. residents began to look for work, according to data …

Inland Empire manufacturing is growing again, at least for now. The region’s purchasing managers index last month was 52.3, well above the 45.9 index that was recorded in October, according to data released Tuesday by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. Anything below …

Economist John Husing tells a gathering of business and community leaders that he likes the region’s job creation but is concerned about some other things, in particular how many people there rent rather than own their homes.   The High Desert economy is on the mend and should continue to improve …

Unemployment was down in the Inland Empire during October, as the region continued its recovery by adding jobs in multiple sectors. Riverside County recorded a 6.5 percent unemployment rate last month, down nearly two percent compared with October 2014, according to data released Friday by the California Employment Development Department. …

The Inland Empire’s manufacturing sector is officially stagnant. The region’s purchasing managers index for October was 45.9, the third consecutive month that number has been below 50, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino, which released the monthly index Monday. Both of …