The Inland Empire is on pace to add 44,907 jobs during 2017, an increase of 3.2 percent year-over-year if that prediction holds true, according to a report Two thousand seventeen should be the fifth consecutive year that the Inland region adds approximately 45,000 jobs, regional economist John Husing stated in …
Read More »Inland Empire adds jobs
The Inland Empire recorded a 6.1 percent unemployment rate in July, up from 5.5 percent in June, according to data released Friday. That was below the 6.7 percent that was predicted for the two-county region for one year, the state Employment Development Department reported in its monthly analysis of the …
Read More »Inland Empire rents rise
The average monthly multifamily rent in the United States last month was $1,350, a month-over-month increase of only $1, a report released Thursday stated. Year-over-year, multifamily rents were up 2.6 percent in July, according to Yardi Matrix, a global commercial real estate research and data firm. Multifamily rents have gone …
Read More »More jobs, but employment rate is stagnant
The U.S. economy added 209,000 non-agricultural jobs in July, the U.S. Department of Labor reported Friday. Unemployment remained essentially unchanged last month at 4.3 percent, although that did match the 16-year low the nation’s jobless rate reached in May, according to the department’s monthly jobs report. Average hourly earnings in …
Read More »Clean air, climate change measures help Inland Empire economy
An estimated $9.1 billion and 41,000 jobs were added to the Inland Empire economy from 2010 to 2016, the result of clean air initiatives and the battle to stop climate change, a study has found. Indirectly, that spending created more than 73,000 jobs and pumped approximately $14.2 billion into the …
Read More »Local manufacturing stays hot
Manufacturing in the Inland Empire grew for the seventh consecutive month in July. The region’s purchasing managers index last month was 58.3, a month-over-month increase of 3.5, according to a report released Wednesday by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. Fifty or above …
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