Region’s unemployment dropped to 6% in April, but shrinking workforce played a part
The tri-county region’s unemployment rate dropped from 6.4% in March to 6% in April, equaling its lowest rate since the pandemic began, according to a Business Times analysis of data released May 21 by the California Employment Development Department. The drop in the unemployment rate was due in part to job growth, but a shrinking Read More →
Ventura County Farm Bureau CEO to retire
John Krist, the CEO of the Ventura County Farm Bureau, will retire in February after 14 years with the organization, the Farm Bureau said in a May 21 news release. Krist joined the Farm Bureau in 2008 and as the CEO he was responsible for managing the staff, daily operations and finances. He also recommended Read More →
Lots of help wanted in restaurants, other industries
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Community foundations helped small businesses survive during pandemic
Small businesses have been struggling to survive for more than a year. Storefronts and hotels across the Tri-Counties were shuttered and vacant with normal operating hours left on windows like a sad joke. On top of managing day-to-day operations and responsibilities, many owners and employees were faced with an unthinkable task: asking for help. For Read More →
Cure reports net loss, rising revenue in Q1
Oxnard-based Cure Pharmaceutical saw another spike in revenue in the first quarter of 2021, but net losses also continued to grow. Cure had $1.5 million in revenue in the quarter ended March 31, up 400% from the first quarter of 2020, according to the company’s earnings report, released May 17. The bulk of that growth Read More →
Real Estate: Camarillo Amazon warehouses fetch $154M
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Trade Desk faces uncertainty in post-pandemic advertising market
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