California’s unemployment rate fell to 7.3 percent in October – a year-over-year increase of 2.5 percent – as state employers added 96,800 non-agricultural jobs during the month, according to data released Friday. The state has now regained 64.7 percent of of the 2.7 million-plus jobs it lost in March and …
Read More »State housing market stays solid
California’s housing market stayed healthy in October, maintaining sales above pre-pandemic levels despite a decline in year-over-year sales for the fourth consecutive month. Sales of existing single-family detached homes totaled 434,170 last month, according to data collected from more than 90 realtors statewide, according to the California Realtors Association in …
Read More »ONT expects busy Thanksgiving
Ontario International Airport is expected to accommodate more than 180,000 passengers during the extended Thanksgiving holiday. That would nearly equal the passenger traffic handled by the airport during Thanksgiving 2019, four months before the pandemic hit, according to a statement released Tuesday by the Ontario International Airport Authority. Airport officials …
Read More »High Desert could see an influx of warehouse-distribution projects
That’s the opinion of Phil Bensinger, founder of Capital Income Properties Group, a commercial real estate brokerage firm in Jurupa Valley. The lower part of the Inland Empire is running out of space, and the only other logical place for “big-box” industrial projects to be developed is in the Victor …
Read More »Star Crab to open in Fontana
Star Crab, the Cajun-style seafood restaurant that started in Riverside in 2013, will open a restaurant at Fontana Plaza. The restaurant chain has leased 5,800 square feet at Fontana Plaza, 9860 Sierra Ave., according to a statement released Wednesday by Progressive Real Estate Partners in Rancho Cucamonga. Progressive, which specializes …
Read More »Villarreal hired by Riverside
Lorissa Villarreal has been named Riverside’s homeless solutions officer. Villareal, who has spent eight years working for nonprofits, is scheduled to start work on Dec. 10. “We need a data-driven strategy to reduce the number of people without shelter in our community,” Mayor Patricia Lock Dawson said in a statement. …
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