Category Archives: Economy

CBU Golf Team Earn Bids To NCAA Regional Competitions

(This article contains excerpts from the article posted in CBU News & Events on April 25, 2016.)

Photo Credit: CBU News & Events
Photo Credit: CBU News & Events

Both the men’s and women’s golf teams advanced to postseason play after strong showings at the PacWest Championships. 

For the second year in a row, the women Lancers won the PacWest Championship. Additionally, freshman Erica Wang won the individual championship on a playoff hole and four other CBU golfers earned All-Tournament honors. The Lancers dominated the eight-team competition securing first place by 40 strokes (Read the full story here).

The Lancers will play at the Brookside Country Club in Stockton, Calif., May 2-4 for the NCAA Division II postseason.

The Lancer men’s golf team earned its second-ever bid to the NCAA Division II postseason, after a fourth-place finish at the PacWest Championships (Read the full story here). They were selected as one of 10 teams in the West to compete at the regional competition. The event will be hosted by Western New Mexico University at the New Mexico State University Golf Course in Las Cruces, N.M., May 2-4.

The Lancers are led by two standout and PacWest All-Tournament golfers Kavan Eubank and Greg Gonzalez, who lead the team with respective 18-hole scoring averages of 72.83 and 73.62. Eubank took fourth at the conference championships and Gonzalez took seventh.

Winning competitions like this help CBU and Riverside become a location of choice for students seeking a great education and highly competitive athletics program.

To read the full article, click here.

Aviation Students Land Jobs Offers

(This article contains excerpts from the article written by Madison De Genner and published in CBU Banner on March 30, 2016.)

Photo Credit: CBU Banner
Photo Credit: CBU Banner

Four students from California Baptist University’s aviation flight program received conditional job offers within the last few months from growing airplane company, ExpressJet Airlines.

Although CBU’s aviation flight program is only three years old, ExpressJet Airlines took interest from the start, partnering with CBU to introduce itself to prospective pilots through the “Pathway Program.”

Kyle LeVesque, senior aviation flight major, said the Pathway Program is ExpressJet Airlines’ method of giving aviation students at CBU a guaranteed interview opportunity.

“You have to fulfill specific requirements through a three-step interview process, maintain your GPA, get all your training done, work as a flight instructor and get the minimum hour requirement to apply for a job in the industry,” he said.

All four students passed ExpressJet’s sample test, written knowledge exam, technical interview and human resource interview, leading them to conditional job offers.

“They cannot guarantee a job, but if you satisfy all of those requirements, then they give you a conditional job offer,” LeVesque said, “which is basically saying, ‘Once you meet the hour requirements and do your training, call us up and we’ll set a date for you to come and join the new hire class day.’”

The offer is conditional because each student must first complete all of his or her training before the offer can be sanctioned.

“Most likely, if you get the offer, you are going to stay committed and dedicated because you want to do well,” LeVesque said.

The other students expressed their anticipation and relief over the offers.

“I am very excited and relieved to have a job waiting for me after college,” said Hannah Guajardo, junior aviation flight major.

Amanda Snodgrass, junior aviation flight major, said the offers are a measure of the aviation flight program’s success.

“It is nice to have that opportunity in my back pocket for when I reach eligibility,” she said. “I feel very proud of my accomplishment and everyone else’s, as well. It shows how good of a program CBU has built.”

Howard Dang, junior aviation flight major, said he has been in love with aircrafts since he was a little child.

“I’ve always been fascinated by the unique aspects that make airplanes work,” Dang said. “It’s my dream to become a pilot so it’s definitely a great feeling knowing that I have a job waiting for me after graduation. I believe that if we work hard and believe in God, anything is possible.”

CBU’s efforts and commitment to education certainly illustrate the Seizing Our Destiny pillar of intelligent growth.  For students, one of the greatest challenges they meet is finding a career path after graduation.  Providing students with the opportunity of future employment while they are completing their training at Cal Baptist holds great value to aviation science students.   This is just one example of how Cal Baptist University promotes intelligent growth by collaborating to build a stronger community for future Riversiders.

To read the full article, click here.

Riverside Was Selected To Participate In The TechHire Initiative

(This article contains excerpts from the article written by Jeff Horseman and published in the Press Enterprise on March 9, 2016.)

Suzanne Sullivan, who is a welding and sheet metal instructor at Vocademy: The Makerspace, works on a Worbla costume, part of a personal project. Photo Credit: Stan Lim, The Press Enterprise
Suzanne Sullivan, who is a welding and sheet metal instructor at Vocademy: The Makerspace, works on a Worbla costume, part of a personal project. Photo Credit: Stan Lim, The Press Enterprise

The White House has picked Riverside to join a nationwide effort to connect residents with the training they need for good-paying information technology jobs.

Riverside’s inclusion in the TechHire initiative is being announced announced Wednesday, March 9. TechHire is expanding to 50 communities nationwide after launching with 21 communities in March 2015.

The initiative will include areas surrounding the city of Riverside. TechHire hubs include the states of Maine, Rhode Island, Delaware and Colorado as well as cities from Los Angeles to New York City.

Riverside Mayor Rusty Bailey said he’s “honored and thrilled” to be included in TechHire, which he learned about during a trip to Washington, D.C. He said local employers have told him they had to go outside the region to find skilled tech workers.

“If we don’t at the local level provide training into this pipeline, then we’re going to have issues in the long run,” Bailey said.

TechHire links local government, educators and private employers to offer training in cybersecurity, software development and related fields. Non-traditional education is emphasized to put students on a quicker path toward the skills they need for tech jobs.

There are more than half a million unfilled tech jobs in the United States, said Jacob Leibenluft, deputy director for the National Economic Council, during a White House conference call. The average IT-related job pays 50 percent more than the average private-sector job, he added.

Locally, Riverside County’s workforce development agency; Riverside Community College District; Greater Riverside Chambers of Commerce; and Vocademy: The Makerspace have committed to connecting 4,000 people to tech jobs over the next five years.

Based in Riverside, Vocademy is like “an Olympic training center for hands-on skills,” said founder/CEO Gene Sherman. “We are offering unconventional short programs to get people skilled up for these in-demand jobs instead of going to a convention school for a year or two years.”

Vocademy’s offerings cost less than $5,000, Sherman added.

In addition, companies such as Loma Linda University Medical Center, Redlands-based geographic information system company Esri and Riverside Public Utilities have promised to hire or provide paid internships for 500 employees from non-traditional pathways.

Local efforts to teach tech skills include SmartRiverside, a nonprofit coalition launched in 2006 that promotes tech education in part by offering high-tech business grants and free computers and training for low-income families. TechHire’s goals are “perfectly aligned” with SmartRiverside, said Steve Massa, the city of Riverside’s economic development coordinator, who has played a lead role in getting the TechHire designation.

TechHire could help the Inland Empire solve a chronic problem, said Inland economist John Husing. “The most difficult issue that we face as a region is a very marginally educated labor force,” he said.

That said, “(TechHire) needs to be implemented,” Husing added. “So many of these things tend to make great headlines and then very little comes out the other end.”

Liebenluft said TechHire provides a “call to action” for communities to provide tech training and offers data and other tools to those communities.

“There is something very useful and powerful about the White House rolling out a particular program,” Rhode Island Gov. Gina Raimondo said during the White House conference call. “It’s an organizing principle for those of us on the ground. It also gives credibility to our efforts.”

While there’s no federal funding directly attached to TechHire, the Department of Labor last fall announced a $100 million grant competition to expand advanced tech training.

Be selected to be a part of the TechHire initiative is a testament to why Riverside is a Catalyst for Innovation.  Our community leaders collaborate to address issues, which lead to more inventive and multi-disciplinary approaches. The people and educational institutions of Riverside cultivate and support useful and beneficial ideas, research, products, scholars, businesspeople, artists and entrepreneurs.

To read the full article, click here.

California Air Resources Board Chooses Riverside For $366 Million Facility

(This article contains excerpts from the article written by Sarah Nightingale and published in UCR Today on March 24, 2016.)

Photo Credit: UCR Today
Photo Credit: UCR Today

The California Air Resources Board voted 8-3 today to relocate its motor vehicle and engine emissions testing and research facility from El Monte to an 18-acre site at the University of California, Riverside, which represents a $366 million investment into the community and 400 knowledge-based jobs in the Inland Empire.

The board chose Riverside after deciding that land owned by the University of California on Iowa Avenue near Martin Luther King Boulevard would provide the best opportunity for growth in the coming decades and for collaboration with world-class air quality research already underway at UC Riverside.

“Today’s decision is great news for UC Riverside, the city and county, and it is great news for the people of California,” said UCR Chancellor Kim A. Wilcox, who attended the board meeting in Sacramento. “This facility will bring together two world-class institutions working in air quality and emissions science and promises to create a whole range of synergies that simply wouldn’t be possible otherwise. Building this new facility in Riverside now positions our region to become the global capital for air quality research. With construction slated to begin next year, planning has already begun to ensure a smooth transition and, most importantly, accommodate the needs of Air Resources Board employees.”

Riverside has increasingly become the ‘location of choice‘ for organizations seeking affordable land and a educated workforce.

To read the full article, click here.

Riverside In Top Ten In New Job Openings

(This article contains excerpts from an article written by Anne Fisher and published in Fortune.com on February 9, 2016.)

The 10 American Cities With the Most New Job Openings

According to Fortune.com, despite January’s hiccup in hiring, the economy has been steadily generating jobs at an annual rate of about 2%. But some cities outpaced the rest of the nation over the past 12 months, while others lagged behind. Dallas, for instance, came out on top in a new study of the 150 biggest metropolitan areas by CareerBuilder and its data analytics arm EMSI. The Big D’s 112,829 new jobs beat out even San Jose, Calif., which came in second place at 39,519 new jobs.

Coming in at #9, Riverside, California continues to shine as a leader in economic recovery in Inland Southern California.

Meanwhile, job growth in the oil and gas industry stalled out in some places more sharply than others. Tulsa, Oklahoma, for instance, added 2,295 jobs since last January. That was about 9,000 fewer than it would have gained if local hiring had matched the national rate. But it still outpaced last place-ranked Lafayette, La., another oil hub, which lost 2,100 jobs.

In all, new hiring in 27 of the largest U.S. cities outperformed the national average. The top 10, and the number of positions they created:
  1. Dallas 112,829
  2. San Jose 60,716
  3. Los Angeles 159,477
  4. Seattle 78,082
  5. Miami 81,842
  6. Atlanta 81,161
  7. Orlando 50,384
  8. San Francisco 69,967
  9. Riverside, Ca. 50,511
  10. Charlotte, N.C. 41,390

Job seekers in the bottom 10 cities in CareerBuilder’s study, by contrast, faced relatively slim pickings. “Even though major metros like New York, Chicago, and Philadelphia each added more than 30,000 jobs, they trailed behind national growth trends,” notes Matt Ferguson, CareerBuilder’s CEO. So did St. Louis, Richmond, and Cleveland, while the number of job openings in New Orleans actually shrank by 2,491, due mostly to the oil and gas slowdown.

Just another example of how Riverside, California is leading the way as a location of choice.

Apart from what it says about the most and least promising places to look for work, Ferguson sees the research as a snapshot of different regions’ overall economic health. “At its core, the study measures employer confidence,” he says. “If companies are adding jobs at a faster rate in certain markets, that bodes well for housing and consumer spending in those local economies.” He expects the top 10 job markets to show above-average growth through the rest of 2016.

For the full article, click here.  

Inland Southern California Adds Most Jobs In A Single California Region In November

(This article contains excerpts from the article written by Sarah Nightingale and published in UCR Today on December 18, 2015.)

Photo Credit: UCR Today
Photo Credit: UCR Today

Continuing a strong year, Inland Southern California added another 4,600 jobs in November on a seasonally adjusted basis.* This increase builds on the 7,400 non-farm positions added in October. The most recent jump puts Inland Southern California at the top of the list for the most jobs added in a single region in California in November.

The numbers were released today in a monthly report compiled and seasonally adjusted by the University of California, Riverside’s School of Business Administration Center for Economic Forecasting and Development.

In addition, Inland Southern California’s unemployment rate fell to 6.1 percent in the latest numbers, compared to a 6.2 percent unemployment rate in October and a 7.6 percent unemployment rate in November 2014.

The Center for Economic Forecasting and Development cautions against reading too much into any single month’s numbers, especially near year’s end. Nonetheless, this month’s employment estimates are another indication the local inland economy is continuing to expand. Jobs number like this are great examples of Seizing Our Destiny’s intelligent growth pillar.

 * The California Employment Development Department releases its latest estimates of job counts on the third Friday of every month. Each month, the Center for Economic Forecasting and Development will provide seasonally adjusted estimates of employment along with additional analysis of the most recent employment trends occurring throughout Inland Southern California. Today marks the Center’s inaugural employment release.

The full November report is here.

To read the full article, click here.

Riverside Ranked Number 1 For Total Housing Sold In November

(This blog contains data from the IVAR Housing Data Report – November 2015 and excerpts from the article written by Fielding Buck and published in the Press Enterprise on December 16, 2015.)

Downtown Night Shot

The city of Riverside ranked #1 for total units sold in Inland Southern California for the month of November. With a total of 242 units sold at a value of $85.5 Million.

In Riverside County, 2,797 homes sold, a 5.5 percent increase year over year, and the median home price rose from $305,000 to $318,500, a 4.4 percent increase year over year.

In San Bernardino County, 2,005 homes sold in November, 2.3 percent rise in sales year over year. But the median sale price was up 9.3 percent year over year, from $254,000 to $277,500.

Inland Southern California continues to see a spillover as potential homebuyers from coastal areas seek more affordable housing here than they can get there. Affordability and amenities continue to make Riverside a location of choice for people seeking the California lifestyle at an affordable price. An unmatched landscape, year-round outdoor activities, ample recreational options and attention to healthy living make Riverside one of the most inspiring, livable, healthy and adventurous cities to live in or visit.

To view the IVAOR report, click here.

To read the full article, click here.

Riverside Ranked 3rd In The Nation For Job Growth

(This article contains excerpts from the article written by Kathryn Dill and published in Forbes on November 11, 2015.)

Downtown Night Shot

A few cities and states have offered job seekers far friendlier climates than the nation at large this year.

The cities and states that make this list have experienced the strongest non-agricultural job growth over the first three quarters of 2015, according to analysis of data from the U.S. Bureau of Labor Statistics by Professor Lee McPheters at the W.P. Carey School of Business at Arizona State University. Projections show the U.S. on track to add 3 million jobs this year, indicating a 2.2% monthly average in national job growth, an increase of about 1.8% since last year.

Topping the list of cities and metro areas (including one million or more workers) for job growth thus far this year is San Jose, California with 5.5% growth so far in 2015–more than twice the nationwide average. Orlando, Riverside, Dallas, and Seattle round out the top five, all with job growth of 3.5% or above.

This ranking is yet another example of Riverside continuing to fuel the intelligent growth of the region.

The Top 10 Cities For Job Growth* in 2015

1. San Jose, California – up 5.5%
2. Orlando, Florida – up 4.1%
3. Riverside, California – up 3.9%
4. Dallas, Texas  – up 3.6%
5. Seattle, Washington – up 3.5%
6. Atlanta, Georgia – up 3.4%
7. San Francisco, California – up 3.3%
8. Denver, Colorado – up 3.1% (tie)
8. San Diego, California – up 3.1% (tie)
8. Portland, Oregon – up 3.1%(tie)

For the full article, click here.

3-D Printed Devices Help Scientists Trap and Study Tree-Damaging Bugs

(This article contains excerpts from the article written by Elizabeth Lee and published in Voice of America on October 22, 2015.)

Beetles not native to Southern California are causing much damage to trees, including those that bear avocados, a lucrative California crop. Scientists at the University of California-Riverside are fighting this problem with the help of 3-D printers.

The invasive beetles are from Southeast Asia, and scientists aren’t sure how they got to California. One guess is that they were in packing materials used in shipping products to California from Asia.

The beetle, technically known as the polyphagous shot hole borer, drills holes into a critical part of the tree, disrupting the flow of water from the roots to the leaves. It also carries a fungus in its mouth that harms the trees. The fungus grows and further clogs the vessels that carry nutrients and water to the tree, eventually starving it to death.

Entomologists have been trying different treatments to kill the beetles and the fungus. But it was time-consuming and difficult to learn whether the treatments worked until a 3-D-printed bug trap was developed to place over the holes in the trees.

If the beetle is still active, that means the pesticide is not working. Scientists say a 3-D-printed trap speeds up the data-collection process and makes the results reliable. The 3-D printer allows researchers to easily tailor their traps to the insects they are studying.

It’s a relatively inexpensive tool that can create new possibilities for researchers to help them get results.

The creation of this 3-D printed trap is a great example of Seizing Our Destiny’s catalyst for innovation pillar. Creativity and innovation permeate all that we do, which makes our community a trendsetter for the region, California, and the world to follow.

To read the full article, click here.

Landfill Solar Site Helps Power City

(This article contains excerpts from the article written by Alicia Robinson and published in The Press Enterprise on September 11, 2015.)

Photo Credit: Jennifer Iyer, The Press Enterprise
Photo Credit: Jennifer Iyer, The Press Enterprise

A solar power project on Riverside’s closed Tequesquite landfill is now providing power to the city’s grid. With a 7.5-megawatt installation that’s up and running, solar energy provides more than 4 percent of Riverside’s power supply.

A 20-acre array of about 25,000 solar panels that now stretches across the closed Tequesquite landfill south of the Santa Ana River is one of the largest municipal solar projects in California, said Bill Kelly, vice president of SunPower, the San Jose-based company that built the project.

SunPower built the array as part of a 25-year deal under which Riverside Public Utilities will buy power the project generates. As of Wednesday, Sept. 9, the panels were plugged in and feeding power to the city’s electric grid, Riverside Public Utilities project manager Ron Barry said.

With the growing concern of climate change and pollution from fossil fuels, Riverside is taking steps to reduce their foot print on the environment and promote the quality of life for all through intelligent growth of their city.

To read the complete article, click here.