Unemployment rate continues to fall in Central Valley
The unemployment rate continued to fall in August throughout the Central Valley as agriculture, trade, transportation, utilities, leisure and hospitality all added jobs. San Joaquin led the way with...
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Majority of employers favor minimum wage boost
CHICAGO – A clear majority of employers continue to believe that raising the minimum wage in their state is a good idea, according to a new survey by CareerBuilder. Sixty-four percent of employers...
View ArticleEconomic confidence improves, but still firmly negative
WASHINGTON – The U.S Economic Confidence Index saw a slight improvement for the week of Sept. 20. The index is based on the combined responses to two questions — the first asking Americans to rate...
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Economists to highlight Northern San Joaquin Valley economy at conference
STOCKTON — University of the Pacific economist Jeffrey Michael will present findings about the Northern San Joaquin Valley at the first State of the North San Joaquin Valley conference Tuesday at the...
View ArticleUnemployment rate drops across the state, Central Valley
SACRAMENTO — California’s unemployment rate dropped below 6 percent for the first time since 2007. While still higher than the national unemployment average of 5.1 percent, California’s 5.9 percent...
View ArticleBusiness symposium for women set for Modesto
MODESTO — Gallo Center CEO Lynn Dickerson and UC Merced Chancellor Dorothy Leland will headline the First Annual Business Women’s Symposium, Nov. 5. The business symposium is presented by the Small...
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Interest rate hike looks unlikely as Fed meets
WASHINGTON — The Fed will meet Tuesday and Wednesday to discuss raising the benchmark interest rate. The rate has been near zero for more than six years. It is widely expected that the Fed will not...
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New study shows trends for on-demand drivers
SherpaShare, the largest independent on-demand worker support app, recently surveyed 1,000 people working for the on-demand drive services such as Lyft and Uber. One of the biggest trends SherpaShare...
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Credit card theft lessens slightly in 2015
WASHINGTON — Twenty-Two percent of Americans had credit card information stolen last year according to a new Gallup survey. That was down from 27 percent in 2014. Despite that drop, it is still the...
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FedEx, UPS gearing up for big holiday crush
PHOTO BY ROB YOUNG FedEx and UPS are expecting a busy holiday season. FedEx forecasts that e-commerce sales will drive its holiday volume to a record 317 million shipments between Black Friday and...
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Bucking the trend, REI to close on Black Friday
SEATTLE — While some retailers are trying to stretch their Black Friday sales by opening on Thanksgiving night, outdoors retailer REI is doing the opposite. The company announced on Monday that it...
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Distribution sector takes lead in Valley’s job growth
TURLOCK — Employment in the San Joaquin Valley has continued to rise, even while the prolonged drought has worsened, according to the new Business Forecast released by CSU Stanislaus economist Gokce...
View ArticleWho’s optimistic about the economy? Depends on where you live
LOS ANGELES — Six of every 10 California voters say they are dissatisfied with the state of the economy in California, although outlooks vary widely among voters depending on which part of the state...
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Christmas shoppers intend to splurge
PRINCETON, N.J. — Americans are planning to give retailers a merry Christmas, according to a new gallup poll. U.S. adults are planning on spending an average of $830 on Christmas gifts this year, up...
View ArticleWomen make small strides in achieving top corporate postions
DAVIS — A UC Davis study found that more women than ever before are now chief executive officers at California’s largest 400 public companies. Despite the advances, the study found women still hold...
View ArticleRapid response contains Foster Farms fire
TURLOCK — The Turlock Fire Department responded to a fire at the Foster Farms F Street facility, Wednesday. Three engines were dispatched to put out the blaze at the industrial building and to keep the...
View ArticleArea unemployment rates rise despite adding jobs
STOCKTON — Despite strong statewide employment numbers, the unemployment rate is up across the Central Valley. The San Joaquin County unemployment rate climbed to 8.1 percent from last month’s 7.4...
View ArticleCommuters help propel surge in Central Valley income
WASHINGTON — Personal income in the Central Valley rose in 2014 according to data released by the Bureau of Economic Analysis, Monday. Stanislaus County led the way with $36,356 in per capita personal...
View ArticleTax credit workshop set for Manteca
SACRAMENTO — The Governor’s Office of Business and Economic Development (GO-Biz) will hold 15 workshops across the state dealing with tax credits. The California Competes Tax Credit is aimed at...
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Investors not worried by Fed’s likely rate hike
The Fed is expected to raise interest rates for the first time in nine years and investors are largely unfazed by the move. Fed policy makers will meet on Wednesday and are expected to raise interest...
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