Economy

California employers added 54,200 non-farm jobs in May, according to data released Friday by the state Employment Development Department. Despite that, California’s unemployment rate rose to 6.4 percent, up from 6.3 percent in April, but at least one economist said that’s no reason for concern. “This is one of those …

California is back among the world’s largest economies. The state’s gross domestic product reached $2.3 trillion in 2014, enough to make it the seventh largest economy in the world, according to multiple reports released Wednesday. California ranked just above Brazil but below the United Kingdom. During the recession, the state …

U.S. employers added 280,000 jobs in May, as the national job market regained some of the momentum it lost earlier in the year. Despite that performance, unemployment was up slightly in May, to 5.5 percent, from 5.4 percent in April, according to data released Friday by the U.S. Bureau of …

National productivity dropped 3.1 percent during the first quarter of this year. That drop was larger than 1.9 percent decline that was predicted in April, according to data released Thursday by the U.S. Department of Labor. Labor costs also rose faster than expected in January, February and March: up 6.7 …

It was mixed news in the Inland Empire’s manufacturing sector in April. First, the good news: The region’s purchasing manager’s index last month was 52.1, according to data released Monday by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. That was the eighth consecutive month …

An estimated 21.3 percent of the U.S. population received some form of aid from the federal government during all 12 months of 2012, according to a report released Thursday by the U.S. Census bureau. That amounted to approximately 52.2 million people, with the highest participation in Medicaid, at 15.3 percent, …