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Economy

Inland manufacturing slips slightly

Manufacturing in Inland Empire

Inland Empire manufacturing experienced a mild setback in October. The region’s purchasing managers index last month 49.6 last month, down from 51.3 in September, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. Though only a slight drop, the decline interrupted five consecutive months …

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State labor market increases slightly

Unemployment continues downward trend

California recorded a 4.7 percent unemployment rate in September, essentially unchanged from the previous month and up only 0.7 percent year-over-year, according to data released Friday. Eight thousand seven hundred non-agricultural jobs were added to the state’s economy last month, bringing the total to 436,400 the number of jobs added …

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Retailers prep for record Halloween spending

Halloween gets more and more popular in the United States every year, based on the amount of money spent on it. Shopping for Halloween – costumes, candy, house decorations, parties – is expected to reach record heights this year. U.S. consumers will spend $12.2 billion on Halloween-related items in 2023, …

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Holiday hiring expected to be down

Anyone looking for a temporary job during the upcoming holiday shopping season might have to look a little harder to find one than in past years. U.S. retailers are expected to add only 410,00 seasonal positions this year, the lowest number since 2008, according to Challenger, Gray & Christmas Inc., …

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Fast-food workers get $20 an hour

Gov. Gavin Newsom has signed a bill that guarantees fast-food workers a minimum wage of $20 an hour. The new law, which Newsom made official Sept. 28 during a gathering in Los Angeles, gives California’s fast-food employees the highest guaranteed base pay for that sector of any state, according to …

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