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Tag Archives: Economy

National Unemployment Falls

Inland Empire Jobless Rate Drops.002

The U.S. economy added 178,000 jobs in November and the unemployment rate fell to 4.6 percent, according data released Friday. That was a drop of 0.3 percent compared with October and the lowest national unemployment rate since August 2007, the U.S. Department of Labor reported. The national unemployment rate has …

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Inland Empire Manufacturing Slows

Inland Empire Makes News in Manufacturing.001

For the second month in a row, Inland Empire manufacturing moved in the wrong direction. The region’s purchasing managers index in November was 45.3, well below the 50 benchmark that determines whether manufacturing is growing or contracting, according to data released this week by the Institute of Applied Research and …

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IE Records Highest Jobless Rate

Jobs report could be bad for IE

The Inland Empire had the highest unemployment rate of any major U.S. metropolitan area during October, according to data released Wednesday. The two-county region, which has had higher unemployment than both California and the nation during the economic recovery, recorded a 6.1 percent jobless rate in non-agricultural jobs last month, …

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Unemployment Rate Stays Flat

Inland Empire’s unemployment rate

The Inland Empire’s unemployment rate was flat in October. Riverside and San Bernardino counties registered a 6.1 percent jobless rate last month, down from 6.2 in September, according to the state Employment Development Department’s monthly jobs report, which was released Friday. That figure was essentially unchanged from October 2015, when …

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Inland Empire Economy Continues to Grow

Inland Empire Business News August 13, 2014.002

The Inland Empire economy grew by 2.2 percent during the third quarter, more than double its growth rate compared with the previous quarter. Government hiring accounted for approximately half of the jobs created in Riverside and San Bernardino counties during the third quarter, making it the largest contributor to the …

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U.S. Adds Jobs

The U.S. economy added 161,000 jobs in October, not a spectacular number but still a sign that the labor market continues to gain strength. Wage growth also rose, and the nation’s unemployment rate dropped to 4.9 percent from 5 percent in September, according to data released Friday by the U.S. …

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