For three years in a row, the Inland Empire has shown unprecedented job growth. This growth is a historical first for the region economist John Husing Ph.D. said in the Inland Empire Quarterly Economic Report.
Job recovery following the Great Recession, which lasted from around December 2007 to February 2010 has been difficult with over 8.7 million Americans losing jobs. The Inland Empire alone lost 142,933 of these jobs during the approximate 3-year recession.
The Inland Empire growth from 2011-2015, according to the California Employment Development Department, has been 189,698. This growth means that there was a full recovery of the jobs lost plus an additional 46,760 jobs were made available. The quality of jobs regained is described as being just as good as those offered before the recession, Husing said.
Although the numbers are encouraging, and show regained opportunity in the area additional private sector, high paying sectors, and college employment would be beneficial to the region.
For late-breaking news, follow 24/7 Headline News on our Los Angeles County Facebook group and/or our Inland Empire Facebook group. If you like what we are doing and want regular updates on your facebook stream like our Facebook Fan Page. You may also follow 24/7 Headline News on Twitter!For late-breaking news, follow 24/7 Headline News on our Los Angeles County Facebook group, Riverside County Facebook group, Coachella Valley News group, US News group, Victor Valley/Inland Empire Facebook group. If you like what we are doing and want regular updates on your facebook stream like our Facebook Fan Page. You may also follow 24/7 Headline News on Twitter and Instagram!
This article was written by a staff member of the 24/7 Headline News Organization
Latest posts by Staff Writer (see all)
- Cabazon Man Arrested for Assaulting His Mother - March 20, 2018
- Montclair Woman Falls 200 Feet to Her Death While Rock Climbing - March 20, 2018
- Apple Valley Man Arrested after Leading Deputies on a High-Speed Chase - March 20, 2018
- Inland Empire Job recovery and growth: SBCo