Job Details to be released at Southern California Economic Summit
The Inland Empire is fast approaching 300,000 jobs created since 2011, led by continued strong gains in logistics, health care and construction, a new report shows.
The analysis (SCAG Economic Conference Preparation Report Inland Empire), by Inland Empire economist John Husing, shows that by year’s end, San Bernardino and Riverside counties will have more than doubled the 140,650 jobs lost during the economic meltdown of 2008-2011. By the time 2018 arrives, the I.E. likely will have added 292,496 jobs since 2011.
“Looking at the rest of 2017, there is every reason to anticipate growth levels will be sustained given the forces impacting the key sectors that make up the inland region’s economic base,” said Husing, who prepared the report for the Southern California Association of Governments (SCAG).
In-depth economic analyses covering each of the six counties comprising SCAG will be formally released on Thursday, Nov. 9, at the Eighth Annual Southern California Economic Summit at the L.A. Hotel Downtown. The Summit, sponsored by SCAG and the Southern California Leadership Council, will bring together civic and business leaders to assess the state of the region’s economy, with a focus on the challenges caused by the housing crisis. More than 400 participants are expected to attend.