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Inland jobless rate drops

Inland Employement Numbers Better Than Expected

May was a good month for jobs in the Inland Empire. The two-county region’s unemployment rate fell to eight percent last month, down from 8.3 percent in April and well below the 9.7 percent jobless rate that was predicted one year ago, according to the state Employment Development Department. That’s …

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SB County receives award

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The San Bernardino County Economic Development Agency has been recognized for its recent State of the County event. The National Association of Counties awarded the county its 2014 Achievement Award in Community/Economic Development for that event, the 31st award San Bernardino County has received from the association this year, according …

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Recession? Did someone say recession?

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LA economist tells Inland real estate brokers that the economic slowdown is over and that it’s time to focus on the region’s bright economic future, with logistics leading the way. Later, Inland industrial brokers paint a bright picture of that sector. Some commercial real estate professionals gathered Thursday in Ontario …

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Monster Beverage gets a boost

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Wall Street still likes Monster Beverage and its energy drinks. The Corona-based company’s stock was up two percent on NASDAQ most of Thursday after two analysts released positive recommendations regarding the company, according to a report in The Press-Enterprise. Wells Fargo acted first, giving Monster Beverage an “outperform” rating. Shortly …

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Fairplex race dates move to Los Alamitos

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There will be no more thoroughbred horse racing at Fairplex Park in Pomona. Members of the California Horse Racing Board on Thursday approved the transfer of race dates from Fairplex Park to Los Alamitos Race Course. The board voted 5-0 in favor of the proposal. Members Bo Derek and George …

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On The Move

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Michael Burke has been named chancellor of the Riverside Community College District. Burke, who replaces Interim Chancellor Irving Hendrick, was approved Tuesday by a unanimous vote of the district’s board of trustees, according to a report in The Press-Enterprise. He will receive a base salary of $310,000 a year, a …

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