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Strong November Job Growth

by admin on 29th-December-2017

San Bernardino

The Inland Empire added 23,800 new jobs in November, outpacing Los Angeles in job gains, according to an end of year report. The area also saw a decline in its unemployment rate, dropping from 4.8 percent in October to 4.1 percent in November, an excellent trend from a high of 5.4 percent earlier in the year. 

The largest employment gains were experienced in trade, transportation and the utility sectors, who collectively added more than 20,000 jobs. Leisure and hospitality also saw gains, adding 5,200 new positions, while several other industries added positions as well. Manufacturing, on the other hand, lost nearly 600 jobs. 

Despite the losses in manufacturing, all in all, the inland region added 46,800 jobs this year, a gain of nearly 4,000 jobs over last year.

Category: News Brief.
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