Benn: State awards millions to streamline affordable housing process
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Vital signs: The number of million-dollar homes is increasing in California
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Affordable housing will be key for economic recovery in Ventura County
While Ventura County is facing a slow post-pandemic economic recovery, there‘s reason to be more optimistic about the long term, according to the Center for Economic Research and Forecasting at Cal Lutheran. “There’s a fundamental change in attitudes (by cities) about growth – that we can achieve balance between jobs, housing and the environment to Read More →
Vital signs: Wages and salaries increase for L.A. Metro workers
In the Los Angeles Metropolitan area, wages and salaries for private industry workers increased 5.9% from December 2021 to December 2022, compared to the U.S. average of 5.1%, the U.S. Bureau of Labor Statistics published on Feb. 3. According to the report, compensation costs for private industry workers increased also increased 5.7%, up from 5.1% Read More →
Vital Signs: The labor market still lagging behind
Statistics from The California Labor Market Information Division’s December 2022 report showed a declining unemployment rate across all three counties on the Central Coast, but job creation is still lacking far behind, according to the Economic Development Collaborative. In Ventura County, only a net gain of 200 jobs was calculated for the month of December. Read More →
Benn: Poinsettia Plaza sells for over $60 million
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Benn: Griffin Living sells Simi Valley retail center
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