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Tag Archives: Economy

State job growth bounces back

US jobs picture is good news/bad news

Employers in California added 47,600 job in July, according to data released Friday. That impressive gain, however, wasn’t enough to move the state’s unemployment rate lower than 4.2 percent, a record low but the same percentage posted in June, the State Employment Development Department reported. Only 800 jobs were added …

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IE business stays strong

Business in Riverside and San Bernardino counties grew steadily during the second quarter, a trend that is expected to last through the end of this year, according to a report. The region’s Business Activity Index during that time was 2.6 percent, up 0.4 percent compared with the first quarter, the …

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Another strong month local manufacturing

The Inland Empire’s manufacturing sector stayed red hot in July, according to data released Wednesday. The region’s purchasing managers index was 61.1, up from 58.8 in June, the Institute of Applied Research and Policy Analysis at Cal State San Bernardino reported in its monthly assessment of manufacturing in Riverside and …

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State job growth slows

Temecula Adds Jobs

California added a mere 800 jobs in June, a huge drop from the two preceding months. That was the major downside in the jobs report released by the state Employment Development Department. The upside was that California’s unemployment rate remained a 4.2 percent, a sign that the lack of job …

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State’s economy stalls

California’s economy slowed a little in May, as employers added only 5,500 jobs, according to data. Still, unemployment held at 4.2 percent, a record low, the state’s Employment Development Department reported. That marked a considerable downturn, when 25,600 jobs were added statewide. That number was revised down from the original …

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National unemployment hits 18-year low

The U.S. unemployment rate fell to 3.8 percent in May, the lowest rate recorded in 18 years. Employers nationwide added 223,000 jobs, while average hourly pay rose 2.7 percent, slightly less than it grew in April, the U.S. Department of Labor reported. Overall, there were 6.1 million people out of …

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