City of Ontario Regains All Jobs Lost During Recession
The City of Ontario has regained all the jobs lost during the recession of 2008 and has begun to pass its pre-recession highs, according to a recent economic report prepared for the City of Ontario by Beacon Economics. Total nonfarm employment in the City of Ontario rose 4.4% year over year to 106,425 jobs, and saw unemployment fall in the Inland Empire to 6%. “Inland Southern California is the logistics and distribution center of the West Coast, if not the entire United States,” the report reads. “Ontario is crucial to the American supply chain because of the relatively low rents, vast amounts of available land, business friendly environment and ideal and convenient location nearby major sea ports, rail systems and interstate highways.” Read more.