header image

[Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail

Inside
Weather


 
Calendar
Today in
S.C.V. History
April 23
1986 - COC board votes to allow Argentine cliff swallows to nest forever on sides of buildings [story]
swallows


Looking for work? You might try knocking on a hotel manager or travel agent’s door.

A report Wednesday from the Los Angeles County Economic Development Corp. forecasts 1.3 job growth in the Santa Clarita and Antelope valleys during 2012, followed by 1.6-percent growth next year. Much of the growth will come in the leisure and hospitality and retail trade subsectors, it says.

If the forecasted growth materializes, it will represent a significant improvement over the 2010-2011 period, when only 100 net jobs were added in the SCV-Antelope Valley region – a 0.1-percent growth rate. Increased hiring in private education, retail trade and wholesale trade was offset by losses in construction and business and professional service throughout the region.

The annual Mid-Year Economic Forecast from LAEDC’s Kyser Center for Economic Research also found that hotel occupancy in Santa Clarita alone has risen to 73.4 percent as of May 2012 from 71.1 percent a year earlier. Also, “office vacancy rates and industrial vacancy rates have improved early this year,” it said.

Not limited to the North County, the full report analyzes the national, state, and regional economies. Its key findings are:

 

The U.S. Economy

* Slow growth, gradual improvement in labor market, and low inflation threat.

* Consumer sector is healing, which is good news for overall economy.

* Risks: uncertainty regarding the European situation, global economic slowdown, and the Federal “fiscal cliff.”

 

The California Economy

* State improvement tied to national and global economies.

* Private sector job gains, unemployment rate down slowly but steadily, housing on the mend.

* Risks: short-run/long-run challenges stemming from problems with state and local government finances.

 

The Southern California Economy

* Progress in regional economy, but unevenly across counties and industries.

* Orange County and Inland Empire (Riverside-San Bernardino) leading region in labor market gains.

* Private sector recovery continues despite state/local fiscal problems and associated government job losses.

Comment On This Story
COMMENT POLICY: We welcome comments from individuals and businesses. All comments are moderated. Comments are subject to rejection if they are vulgar, combative, or in poor taste.
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.

No Comments

    Leave a Comment


    Latest Additions to SCVNews.com
    1986 - COC board votes to allow Argentine cliff swallows to nest forever on sides of buildings [story]
    swallows
    As Volunteer Appreciation Week approaches, the County of Los Angeles Department of Animal Care and Control wishes to extend heartfelt gratitude to all its dedicated volunteers who tirelessly contribute to DACC's mission of advancing the well-being of animals and people in the County.
    DACC Pays Recognition to Volunteers
    The Canyon Country Farmers Market will be celebrating their two-year anniversary Wednesday, April 24.
    April 24: Canyon Country Farmer’s Market Celebrates Two-Year Anniversary
    The Henry Mayo Newhall Hospital Auxiliary presented a $35,000 check Monday to the Henry Mayo Newhall Hospital Foundation for the foundation’s Patient Tower Capital Campaign.
    Henry Mayo Auxiliary Fulfills $600K Patient Tower Pledge
    The Acton/Agua Dulce Arts Council has announced a call for entries for "Creature Feature," a juried art exhibition, with a theme of any living creature.
    Entries Needed for ‘Creature Feature’ Art Show
    The Acton/Agua Dulce Arts Council has announced a call for entries for a juried exhibit open to all photographers, both professional and amateur.
    Acton/Agua Dulce Arts Council Announces Call for Photographers
    Recently I had the opportunity, along with spcaLA President Madeline Bernstein and Inland Valley Humane Society & SPCA President Nikole Bresciani, to meet with NBC 4 reporter Kathy Vara to discuss the current challenges facing animal sheltering organizations.
    Marcia Mayeda | Current Challenges in Animal Sheltering
    As city manager for 12 years now and a longtime resident of Santa Clarita, I am always proud to see how our community continues to grow.
    Ken Striplin | Visit Skyline Ranch Park – Santa Clarita’s Newest Amenity
    The city of Santa Clarita’s Film Office released the list of six productions currently filming in the Santa Clarita Valley for the week of Monday, April 22 - Sunday, April 28.
    Filming in Santa Clarita Includes Six Productions
    Henry Mayo Newhall Hospital is recognizing its valued volunteers during National Volunteer Week April 21-27.
    Henry Mayo Celebrating National Volunteer Week
    The regular meeting of the Saugus Union School District Governing Board will take place Tuesday, April 23, with closed session beginning at 5:30 p.m., followed immediately by public session at 6:30 p.m.
    April 23: Saugus Union to Discuss 2023/24 Personnel Report
    The Santa Clarita Community College District Board of Trustees will hold a self-evaluation workshop Wednesday, April 24, beginning at 2 p.m.
    April 24: COC Board of Trustees’ Self-Evaluation Workshop
    A Los Angeles County Sheriff's deputy, who was severely injured in October after an explosion and fire at a Pitchess Detention Center mobile shooting range, died Saturday, LASD announced Sunday.
    LASD Deputy Dies Months After Pitchess Shooting Range Explosion
    1974 - Gov. Ronald Reagan speaks at dedication of COC's first permanent building, the William G. Bonelli Instructional Resource Center [story]
    Ronald Reagan
    1994 - Sand Canyon homeowner Eddie Murray sets MLB record for switch-hit home runs in games (11 times) [story]
    Eddie Murray
    1874 - First train out of L.A. to reach new town of San Fernando; Newhall 2 years later [story]
    train tunnel
    Hello Auto Group has announced its partnership with the Santa Clarita Veteran Services Collaborative for the second annual Military Spouse Appreciation Event. This event, dedicated to honoring military spouses, will take place on Military Spouse Appreciation Day Friday, May 10, from 10 a.m. to 2 p.m. at the Anthony Vince Nail Spa at 24250 Town Center Drive #140, Valencia, CA 91355.
    May 10: Second Annual SCV Military Spouse Appreciation Event
    The Santa Clarita Artists Association has announced the 2024 scholarship award recipients. These deserving individuals have shown excellence in their high school art education and shared their plans to continue their artistic endeavors.
    SCAA Announces 2024 Scholarship Award Honorees
    The Valley Industry Association of Santa Clarita is set to ignite innovation and transformation with its VIA Workforce Development Conference 2024 at the Hyatt Regency Valencia on Thursday, May 16. Jorge Marquez, chairman of the Los Angeles County Workforce Development Board, has been added to the list of speakers appearing at the event. He will serve as the opening speaker at the conference.
    May 16: VIA Adds County Leader to Workforce Development Speakers List
    The city of Santaw Clarita will host the Free To Be Me Festival for its third year at an exciting new location. On Sunday, May 5, from noon to 3 p.m., celebrate Santa Clarita’s special needs communities and their families at West Creek Park, 24247 Village Circle Drive, Valencia, CA 91354.
    May 5: ‘Free to Be Me Festival’ at West Creek Park
    The Los Angeles County Department of Economic Opportunity and its regional partners have held the first of several upcoming rapid response events to urgently connect soon-to-be laid off local workers, impacted by the recent bankruptcy and closure of dozens of local 99 Cents Only Stores, to critical workforce services.
    L.A. County Offers Help for Workers of 99 Cents Only Stores
    Youth in Los Angeles County foster care as young as 13 can open their own checking and savings accounts without an adult co-owner through the Youth Access Banking program.
    Foster Youth Access Banking Program Available in L.A. County
    SCVNews.com