The monthly purchasing managers index showed an expanding manufacturing sector, but that might have been because the market had nowhere to go but up. On the surface, the June purchasing managers index for Riverside and San Bernardino counties appears to be a cause for celebration. At the very least, it’s …
Read More »State adds 558,200 jobs
California added 558,200 jobs from May to June, and the state unemployment rate fell to 14.9 percent during that time, according to data released Friday. Leisure and hospitality added the most jobs, at 292,500, the result of bars and dine-in restaurants reopening statewide, the California Employment Development Department reported. Construction …
Read More »Rogers named head of Omnitrans
Erin Rogers has been named general manager and chief executive officer of Omnitrans. Rogers, who has held those titles on an interim basis since November, is the first woman appointed to lead San Bernardino County’s largest transit agency, according to a statement on the agency’s website. An Omnitrans employee since …
Read More »Wuest to lead FirstBank Coachella Valley expansion
Jake Wuest has been named California market president by FirstBank. Wuest will oversee FirstBank’s three California locations, all of which are located in Palm Desert, according to a statement. A FirstBank employee since 2007, spent his first nine years managing branch offices in Colorado, where FirstBank started in 1963. His …
Read More »Delinquent loans make a big jump
The number of delinquent loans in the United States grew to 6.1 percent in April, the highest level recorded since January 2016. Early-stage delinquencies – 30 to 59 days past due – were at 4.2 percent, up from 1.7 percent exactly one year earlier, CoreLogic reported in its monthly assessment …
Read More »Riverside named one of the healthiest cities in the U.S.
Riverside has been named the 59th fittest city in the United States by the American College of Sports Medicine. Riverside was one of 15 California cities to make the Indianapolis-based college’s annual 100-city American Fitness Index, and the only one from the Inland Empire, according to a statement released Tuesday. …
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