Economy

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 …

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 …

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 …

The U.S. labor market ended 2015 with a bang, adding 292,000 jobs during December. Overall, an estimated 466,000 people were added to payrolls last month, and the national unemployment rate held at five percent as the year came to a close, according to data released Friday by the U.S. Department …

The Inland Empire industrial market continued to perform at a spectacular pace during the fourth quarter of 2015, according to data released Thursday. Vacancy was at 4.9 percent, down 3.7 percent year-over-over, as the region absorbed more than 20 million square feet of industrial projects during that three-month period, Voit …

The Inland Empire’s purchasing managers index took a dramatic fall in December, dropping to its lowest point since 2009. The 42.1 index – down from 52.3 last month – is exactly one point below the benchmark for a shrinking economy if the index were to stay that low, – or …