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Economy

Is the Inland Empire close to a full economic recovery?

Inland Empire Business News March, 2014.005

That’s the verdict of local economist John Husing, and a Los Angeles economics firm is almost as optimistic. Both agreed the region is getting close to where it was before the recession.   Let’s hope the local economists are right about the immediate future of the Inland Empire economy.   …

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State unemployment drops in past year

Inland Empire News for April 2.004

California’s unemployment rate was 8.1 percent last month, unchanged from February and down 9.2 percent in March 2013, a state agency said last week. Non-agricultural jobs in the state totaled more than 15.3 million last month, a year-to-year addition of 325,100 jobs and an increase of 2.2 percent during that …

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U.S. sales down slightly

Inland Empire News by IE Biz Hub.003

National retail sales took a slight dip last week. With demand varying in different retail categories, sales dropped 1.5 percent nationwide for the week ending March 22 compared with the previous week, according to data released Tuesday by the International Council of Shopping Centers in New York. The good news …

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Inland job growth should be strong in second quarter

Inland Empire Economy Improves Slightly.002

Hiring in the Inland Empire should improve as the year progresses, a major personnel agency said this week. Employers who want to hire new workers are expected to outnumber those who are considering letting people go by 3 to 1 during the second quarter, according to the Manpower Employment Outlook …

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Elementary students advance to state competition

March News in the IE.001

Six students from Yucaipa Christian School have placed third in a regional art contest and will advance to the state finals March 29 at the Riverside Convention Center. Elementary school students Lily Bosse, Cameron Dominguez, Savannah Hewitt, Leo Walt, Saela Wardlow and Joshua Waters competed in the regional round of …

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Inland job growth better than first thought

Inland Empire Economy Improves Slightly.002

Some good news on the employment front: an estimate 37,400 jobs were created last year in Riverside and San Bernardino counties. That’s almost three times as much as state officials first estimated, according to a report first published in The Press-Enterprise. The 3.1 percent job growth for 2013 came after …

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