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Tag Archives: Economy

U.S. economy nears full employment

US jobs picture is good news/bad news

The national unemployment rate hit 3.9 percent in April as employers added 164,000 jobs, according to data released Friday. That was the lowest monthly employment rate since 2000, and it ended a string of 4.1 percent unemployment that dated back to October, according to the U.S. Bureau of Labor Statistics’ …

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Economist gives thumbs up to SBC economy

Economic conference scheduled

San Bernardino County’s economy received a ringing endorsement Tuesday from one of the Inland Empire’s better-known economists. Like the U.S. economy, the county’s economy is enjoying a solid run of growth that shows no sign of slowing down, said Chris Thornberg, director of the UC Riverside School of Business Center …

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IE manufacturing stays hot

Manufacturing in the Inland Empire continued to sizzle in April. The region’s purchasing managers index last month was 62.4, virtually unchanged from March, according to data released Tuesday by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. That’s the 16th consecutive month the index has …

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State jobless rate stays low despite loss of jobs

Jobs Report Considered a Mixed Bag

California’s unemployment rate remained at a record-low 4.3 percent in March, despite the loss of 7,200 non-agricultural jobs, according to data released Friday. Eight of the state’s 11 economic sectors lost jobs last month, including construction, which lost 4,400 jobs, and trade, transportation and utilities, which dropped 1,900 jobs, the …

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Inland Empire manufacturing is on a roll

The sector has been growing for 15 consecutive months, one of its longest streaks ever. One reason might be President Trump’s tax cuts, which appear to have increased the business community’s confidence in the economy. Earlier this month, the Institute for Applied Research and Policy Analysis at Cal State San …

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Economy continues to add jobs

Unemployment, Jobs Both Rise

The  U.S. economy added 103,000 non-agricultural jobs in March, a solid number but below the jobs numbers posted in recent months, according to data released Friday. Unemployment was at 4.1 percent – a 17-year low – for the sixth consecutive month, while wages rose only slightly, the U.S. Bureau of …

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