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Tag Archives: Economy

Study says the Inland Empire isn’t creating enough good jobs

Jobs report could be bad for IE

The report, by a renowned think tank, says that trend must be reversed if the region’s economy is to keep growing. The Inland Empire produces its share of jobs, but not enough that provide middle-class wages, benefits and stable employment, according to a report. That’s especially true for the estimated …

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Orders drop, but IE manufacturing remains strong

Manufacturing in the Inland Empire continued to expand in February despite a sharp drop in new orders, according to a report. The region’s purchasing managers index was 53.9, a slight drop from January but still above 50, the benchmark that determines if the region’s manufacturing sector is growing or shrinking, …

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Report says California will keep adding jobs

California’s economy will add approximately 320,000 jobs in 2019 and again in 2020, according to a forecast released this week. That job growth will result in the state’s unemployment rate declining to 3.7 percent and 3.4 percent, respectively, according to the Los Angeles County Economic Development Corporation’s 2019 Economic Forecast …

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Inland manufacturing still up, but employment down

Manufacturing in the Inland Empire has now expanded for more than two years without interruption. The region’s purchasing managers index in January was 53.3, higher than the 50 benchmark that determines whether manufacturing is getting stronger or weaker, according to the monthly report by the Institute of Applied Research and …

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State unemployment edges up

Unemployment, Jobs Both Rise

California’s unemployment rate rose to 4.2 percent in December, despite state employers adding an estimated 24,500 non-agricultural jobs to their payrolls, according to data.  The state employment rate was essentially unchanged from November, when it was 4.1 percent, but down from 4.5 percent year-over-year, the state Employment  Development Department reported. …

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2018 was a solid year for the Inland Empire

Unemployment was down, housing remained affordable compared with other areas and wages were up. The region’s economy is positioned well as it starts into 2019, according to a report. By virtually every standard, the Inland Empire’e economy performed solidly in 2018. The region’s population grew, its job gains outperformed both …

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