Yours may have arrived already, but if it hasn’t, the IRS and the Treasury Department assure Americans that the second round of Economic Impact Payments, the new stimulus checks, are being issued. Some Americans may have seen their direct deposit payments as pending or as provisional payments in their accounts as early as Jan. 4, which was the official date […]
Business
Secondary housing units on existing lots seem to be all the rage
Company one of many promoting ADUsIt is important for homeowners to know the following if they think will be selling or just adding an accessory dwelling unit, a secondary housing unit added to a single-family residential lot. According to industry experts, the ADU is one of the fastest-growing housing types in the country. May cities see ADUs as a means to help alleviate the housing […]
Small business relief extended
California is extending the Small Business COVID-19 Relief Grant Program to midnight on Wed., Jan. 13 to keep the portal open for applications in process and for new applicants to ensure fair and equitable opportunities for the state’s small businesses. It is not a first-come, first-serve application process; all eligible applicants will be considered for the Round 1 grants. Anyone […]
Companies struggle due to virus
THE YEAR IN REVIEWThe effect of the pandemic tells much, but not the entire story of what happened to local business in 2020. Unemployment in Los Angeles County reached a high of 21% in May with more than 700,000 jobs lost, the L.A. County Economic Development Corporation reported. By October the jobless rate had declined to 12.3%, a significant recovery, but still historically […]
Job growth stalls while area struggles to rebound from pandemic
COMMENTARY /// Regional labor market updateThe California Labor Market Information Division released its November 2020 report showing a only moderate slowdown in the state’s month-to-month recovery. A bigger hit to the recovery is expected when the next data reports are out in January due to the greater restrictions imposed on businesses that began with the state’s revised stay-at-home order of early December. Labor force: Ventura […]
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