Former Thousand Oaks man arrested on fraud charges
A former Thousand Oaks resident who wrote a pamphlet warning of the dangers of drunken driving has been charged with numerous felonies including grand theft and money laundering, related to investments he solicited in his book project. George Ronald Russell, 65, was arrested in Nevada on April 1 by deputies with the Douglas County Sheriff’s Read More →
PennyMac lays off workers as mortgage boom fades
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Region’s unemployment rate reaches lowest level of pandemic
The unemployment rate in the tri-county region dropped just below 4% in February, its lowest point since before the pandemic began and down from 4.6% the previous month. The statewide unemployment rate declined, too, as the omicron wave of COVID-19 cases began to subside, dropping from 5.7% in January to 5.4% in February, according to Read More →
Region’s unemployment rate climbs to 4.6% in January
The unemployment rates in Ventura, Santa Barbara and San Luis Obispo counties all ticked up between December and January as the omicron wave of COVID-19 worsened, according to data released March 11 by the California Employment Development Department. The combined unemployment rate for the tri-county region was 4.6% in January, up from 4% in December. Read More →
Ventura County supervisors plan search for successor after CEO Mike Powers retires abruptly
NOTE: This article was posted March 10 and updated March 11 with comments from members of the Board of Supervisors. Ventura County Executive Officer Mike Powers suddenly retired on March 10 after nearly 11 years as the county government’s top executive. Ashley Bautista, the county’s public information officer, said Powers told the Ventura County Board Read More →
CLU economists forecast slow recovery for Ventura County
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Our View: Rebuilding the region’s manufacturing base
After a recent Zoom session on manufacturing hosted by the Economic Development Collaborative, the Ventura County Workforce Investment Board and others, it is clear that things are stirring in this important sector of the economy. For much of the 21st century, the tri-county region ignored manufacturing as it went into a decline. That’s partly because, Read More →
