April 23, 2024
Fourth Quarter job growth may quicken
INLAND EMPIRE – (INT) – The region’s robust job growth eased slightly during August.

But, Johannes Moenius at the University of Redlands School of Business sees a bright fourth quarter especially with the holidays coming up.

“We expect the trend to continue around the same pace of the last couple of months. It could be 3 percent and higher on an annual basis, but there are some risk factors built into this.”

No areas of the Inland Empire were shedding jobs during August, according to the U of R study.

INLAND EMPIRE

The year-over-year job growth in Riverside and San Bernardino Counties has slightly decreased during August with the average job growth rate dropping from 2.98% in July 2014 to 2.78% in August 2014.

The whole region appears green (1% to 5% moderate job growth) with only Muscoy showing idling status (-1% to 1% job growth) and no locations shedding jobs in August 2014.

Story Date: September 23, 2014
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