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 …
Read More »Local Credit Unions Post Solid Numbers
Inland Empire credit unions loaned more than $1.7 billion within the local community during the third quarter, a 12 percent year-over-year increase, according to the California and Nevada Credit Union League. That was the highest amount loaned by local credit unions since 2010, as well as a 57 percent increase …
Read More »Local Foreclosure Rates Fall
The Inland Empire’s foreclosure rate dropped in September, another sign that the region’s economy continues to mend. Among all outstanding mortgage loans in the two-county region, 0.49 percent were in some state of foreclosure, a drop of 0.23 percentage points year-over-year, Irvine-based CoreLogic reported. That was lower than the national …
Read More »IE Center For Entrepreneurship takes a hands-on approach to business instruction
The program at Cal State San Bernardino allows students to experience the business world firsthand while helping local grow through various community outreach programs. One local businessman calls the center an invaluable resource for the region. In 1999, while he was working for the Inland Empire Economic Partnership, Mike Stull …
Read More »On The Move
Chino Mayor Dennis Yates will light the city’s Christmas tree Tuesday one last time. This year’s tree-lighting ceremony, scheduled to start at 6 p.m. Tuesday at city hall, will be preceded by a reception for Yates, according to a statement. Yates, who is stepping down when his term expires later …
Read More »On The Move
Miguel Santana, city administrative officer with the city of Los Angeles, has been named president and chief executive officer of the Los Angeles County Fair Association. Santana, who helped bring Los Angeles back from the financial brink in the aftermath of the Great Recession, will take over Jan. 17, according …
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IE Business Daily Business news for the Inland Empire.