Saturday , August 13 2022

Tag Archives: Economy

Inland Empire Jobless Rate Down

Inland Empire Jobless Rate Drops.002

Unemployment was down in the Inland Empire during October, as the region continued its recovery by adding jobs in multiple sectors. Riverside County recorded a 6.5 percent unemployment rate last month, down nearly two percent compared with October 2014, according to data released Friday by the California Employment Development Department. …

Read More »

Inland Manufacturing No Longer Growing

The Inland Empire’s manufacturing sector is officially stagnant. The region’s purchasing managers index for October was 45.9, the third consecutive month that number has been below 50, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino, which released the monthly index Monday. Both of …

Read More »

Retailers expect a solid holiday shopping season in 2015

Retailers expect a solid holiday shopping season in 2015

Two of country’s major retail trade association are predicting more than a three percent year-over-year increase, in sales, and at least one local mall expects this to be a good year. A better economy and lower unemployment are some reasons for the optimism. Even though it’s not yet Halloween, much …

Read More »

Inland jobless drops

inland empire jobs

Unemployment in the Inland Empire fell to 6.1 percent in September, as the two-county region added 3,500 non-agricultural jobs month-over-month. That was down from 7.8 percent exactly one year earlier, and was reportedly the lowest jobless rate the two-county region has recorded since September 2007, according data released Friday by …

Read More »

Jobs report could be bad for IE

Jobs report could be bad for IE

There could be ominous news for the Inland Empire in the latest report on U.S. employment. The economy create only 142,000 jobs in September as the unemployment rate remained at 5.1 percent, according to data released Friday by the U.S. Department of Labor. Virtually everyone agreed the report was weak …

Read More »

IE economic forecast almost nothing but positives

Anyone who attended the Sixth Annual Inland Southern California Economic Forecast Thursday must have left feeling optimistic about the state of the two-county region. Economist Chris Thornberg, a founding partner with Beacon Economics in Los Angeles, painted a rosy picture of both the U.S. and California economies before the crowd …

Read More »