Construction workers at UC Riverside

California Workforce Expands In Latest Numbers

41,400 Jobs Added California’s labor market continued to expand at a steady pace in April, with total nonfarm employment in the state growing by 41,400 positions over the month, according to an analysis by the UCR School of Business Center for Economic Forecasting & Development released jointly with Beacon Economics. March’s gains were also revised...
By Victoria Pike Bond |
Health worker holding tablet

California Adds Jobs at a Healthy Pace

California’s labor market continued to expand at a steady pace in March, with total nonfarm employment in the state growing by 60,200 positions over the month, according to an analysis released jointly by the UCR School of Business Center for Economic Forecasting & Development and Beacon Economics. February’s gains were revised down to 135,400 in...
By Victoria Pike Bond | UCR News |
Los Angeles sunset

California’s Creative Economy Bounces Back but Expands Unevenly

The economy that houses industries such as entertainment, media, fashion, and fine arts in California has weathered the pandemic and, as a whole, done better in its recovery from the COVID-driven recession than the overall economy, according to a new analysis released today by the UCR School of Business Center for Economic Forecasting and Development...
By Victoria Pike Bond | UCR News |
Industrial worker with helmet

With More Room to Grow, California Continues to Account for Outsized Share of U.S. Job Growth

California’s labor market continued to expand at a steady pace in latest numbers, with total nonfarm employment in the state growing by 138,100 positions in February. California’s job additions accounted for just over one-fifth of the nation’s net job gains for the month. January’s gains were also revised up to 60,300 in the latest numbers...
By Victoria Pike Bond |
UC Riverside campus aerial view with snow capped mountains

Inland Empire Business Activity Headed for Moderate Growth

Business activity in the Inland Empire jumped considerably in the latest numbers – and on an annual basis, continues to outpace the nation. According to the new Inland Empire Business Activity Index released today by the UCR School of Business Center for Economic Forecasting and Development, the region’s economy officially transitioned from recovery to expansion...
By Victoria Pike Bond | UCR News |
Employment growth chart March 2022

Inland Empire Has More Jobs Now Than It Lost During Pandemic

The Inland Empire’s labor market has now surpassed its pre-pandemic peak, having added back all the jobs it lost due to the COVID-19 crisis – and more, according to an analysis released today by the UC Riverside School of Business Center for Economic Forecasting and Development. Additionally, in a significant adjustment, the annual benchmark revision...
By Victoria Pike Bond | UCR News |
Welding worker

California Numbers Revised Up in Annual Benchmark Revision

The annual benchmark revision released today by the California Employment Development Department (EDD) saw 2021’s employment figures revised upwards significantly, according to an analysis released jointly by the UCR School of Business Center for Economic Forecasting & Development and Beacon Economics. 6.5% Employment Growth Employment growth in California from December 2020 to 2021 was revised...
By Victoria Pike Bond |
Construction site in California

California Labor Market Expansion Continues Amid Omicron; State's Unemployment Rate Dips Despite Growth In Workforce

California’s labor market continued to expand at a steady pace in December, with total nonfarm employment in the state growing by 50,700 positions over the month. According to the January 2022 Beacon Employment Report | CA, the state's growth accounted for just over one-quarter of the nation’s overall job gains. California’s job growth from November...
By Victoria Pike Bond |
Construction worker

Inland Empire Economy Nears Full Recovery from Pandemic Downturn

Although business activity in the Inland Empire continues to outpace the nation in its recovery from the COVID-19 pandemic, the rate of recovery has slowed as the regional economy draws closer to pre-pandemic levels of activity. According to the new Inland Empire Business Activity Index released today by the UCR School of Business Center for...
Guitar Shutterstock

Mamma Mia! Sweden Gains the Most Musicians During the Pandemic

Call it the ABBA effect: More musicians migrated to Stockholm, Sweden during the pandemic than to any other location according to a new analysis released today by the UCR School of Business Center for Economic Forecasting and Development. The analysis examined a very specific labor market – musicians on Soundcloud, a major online music sharing...
By Victoria Pike-Bond |