Women business owners face an uncertain future
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Read More →Unemployment rate drops in Tri-Counties, still in double digits
Unemployment rates in Ventura, Santa Barbara and San Luis Obispo counties continued to inch downward in July, though all three remained at historically high levels in the fourth month of the coronavirus pandemic. The combined civilian unemployment rate for the tri-county area was 10.7 percent in July, according to a Business Times analysis of data Read More →
Read More →Alaska Airlines to add Santa Barbara-San Diego daily flights
Alaska Airlines will fly direct daily from Santa Barbara to San Diego starting Nov. 20, Santa Barbara Airport announced Aug. 4. Alaska Airlines already offers daily service from Santa Barbara to Seattle and Portland. The new flight reduces travel between San Diego and Santa Barbara from a car trip that can take anywhere from four Read More →
Read More →June unemployment drops in region, still historically high
Unemployment rates in Ventura, Santa Barbara and San Luis Obispo counties all dropped in June, but all three remained in double digits, and worse than the nadir of the Great Recession a decade ago, according to data released July 17 by the California Employment Development Department. Ventura County’s unemployment rate was 12.6 percent in June, Read More →
Read More →CLU economists say short lockdown key to small business survival
A new report from the Center for Economic Research & Forecasting at California Lutheran University underscores the ferocity of the debate around re-opening the economy. CERF forecasters Matthew Fienup and Dan Hamilton now project a stunning, nearly 20 percent drop in GDP and Great Depression levels of job losses, followed by a long, slow U-shaped Read More →
Read More →CLU economists predict downturn worse than Great Recession
California Lutheran University’s economic forecast group is warning that policymakers have limited options to head off a downturn that could be worse than the Great Recession. In an update to recent forecasts, the Center for Economic Research & Forecasting warns that massive stimulus efforts may not help speed a recovery if “countless numbers of small Read More →
Read More →Dubroff: Trade war raises questions about the dollar’s durability
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