California’s unemployment rate remained at 4.1 percent in November, as employers statewide added 30,700 jobs to their payrolls. The state’s 4.1 percent jobless rate has been unchanged during the past three months and is the lowest it’s been in four decades, according to data released by the state Employment Development …
Read More »Inland Empire industrial market should stay strong in 2019
The Trump Administration’s China tariff’s are the closest thing to a cloud on the horizon for a market that stayed red hot during all of 2018. More construction is expected and vacancy should stay low, according to several brokers. Can the Inland Empire industrial market stay as strong in 2019 …
Read More »Manufacturing growth slows
Inland Empire manufacturing kept growing during November, but not at the pace it has in recent months, according to data released Monday. The region’s purchasing managers index last month was 54, comfortably above the 50 benchmark that determines whether manufacturing is expanding or contracting, the Institute of Applied Research and …
Read More »Report outlines how the Inland Empire can attract more tech jobs
And it doesn’t involve getting tech businesses to move here. Finding tech applications with the businesses that are already here, especially logistics, is a better approach, the study claims. While it will never resemble Silicon Valley, the Inland Empire should be able to attract more tech jobs if it takes …
Read More »State unemployment stays down
California’s unemployment rate stayed at 4.1 percent in October, a record low, according to data. State employers added 36,400 non-agricultural jobs last month, bringing California’s job creation total to more than three million since the economic recovery began nearly nine years ago, the state Employment Development Department reported. Year-over-year, California’s …
Read More »Inland Empire economy should stay strong for awhile
Despite some rough spots, most notably in the housing market, the two-county region should stay relatively strong at least through the end of next year, according to a recent forecast. Let’s all hope a recent economic forecast about the Inland Empire is accurate, particularly its prediction regarding job growth. Non-agricultural …
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