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Tag Archives: Economy

California adds 96,800 jobs in October

hiring prospects

California’s unemployment rate fell to 7.3 percent in October – a year-over-year increase of 2.5 percent – as state employers added 96,800 non-agricultural jobs during the month, according to data released Friday. The state has now regained 64.7 percent of of the 2.7 million-plus jobs it lost in March and …

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Inland Empire manufacturing makes comeback

Inland Empire manufacturing rose sharply in October, despite a labor shortage and other issues that continue to plague the economy. The two-county region’s purchasing managers index last month was 62.3, up from 54.7 in September, according to data released Monday by the Institute of Applied Research and Policy Analysis at …

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Grant will aid CSUSB logistics program

Cal State San Bernardino has received a $25,000 grant from the San Manuel Band of Mission Indians. The donation will help support the university’s Pathway to Logistics program, which prepares Inland Empire high school students for managerial and professional careers in logistics. Money from the grant will be used to …

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Outlook for 2021 holiday shopping season is good

Money Growth Chart

Despite a few clouds, most notably a labor shortage and dysfunctional supply chains, sales are expected to rise at least seven percent compared with last year. Online shopping and discount cards are expected to get even more popular, but consumers are being told to shop early or risk not getting …

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Inland Empire industrial market remains strong

The Inland Empire’s industrial market stayed strong during the third quarter, recording a one percent vacancy rate, .2 percent lower than Los Angeles County’s, according to data released Tuesday. The market is performing so well that most tenants agree to a lease extension without negotiating, and logistics buildings in good locations …

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