While Ventura County is facing a slow post-pandemic economic recovery, there‘s reason to be more optimistic about the long term, according to the Center for Economic Research and Forecasting at Cal Lutheran. “There’s a fundamental change in attitudes (by cities) about growth – that we can achieve balance between jobs, housing and the environment to Read More →
By Staff Report / Friday, February 10th, 2023 / Economy, Latest news / Comments Off on Vital signs: Wages and salaries increase for L.A. Metro workers
In the Los Angeles Metropolitan area, wages and salaries for private industry workers increased 5.9% from December 2021 to December 2022, compared to the U.S. average of 5.1%, the U.S. Bureau of Labor Statistics published on Feb. 3. According to the report, compensation costs for private industry workers increased also increased 5.7%, up from 5.1% Read More →
Statistics from The California Labor Market Information Division’s December 2022 report showed a declining unemployment rate across all three counties on the Central Coast, but job creation is still lacking far behind, according to the Economic Development Collaborative. In Ventura County, only a net gain of 200 jobs was calculated for the month of December. Read More →
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With the near-record storm behind the Central Coast, all that is left now is to pick up the pieces. The Federal Emergency Management Agency (FEMA) and the Small Business Administration (SBA) have been the ones trying to accomplish that goal, teaming up to provide the tri-counties with a slew of help. “Partnering with FEMA and Read More →
Despite potential headwinds going into 2023, Santa Barbara had a lot to celebrate in in the past year with regards to the success in the tourism sector. For the second year in a row, Santa Barbara saw growth, even reaching pre-pandemic levels, Kathy Janega-Dykes, Visit Santa Barbara’s president and CEO said during the Tourism Summit Read More →