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Santa Clarita Economy

Garcia Secures Billions In Economic Impact For California’s 25th District 

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Congressman Mike Garcia, R-Santa Clarita, a member of the House Appropriations Committee, released the following statement after he secured billions in economic impact for California’s 25th District, including $9.98 million in Community Project Funding for local priorities within the FY2022 Appropriations package.  The funding is set to help prevent wildfires, support law enforcement, fund the defense sector, enhance school security, ...

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Small Business Advocate Announces Run For Santa Clarita City Council In 2022

Nationally Certified Human Resource Specialist, Selina Thomas has announced her run for a seat on the Santa Clarita City Council in the next municipal election. Thomas officially filed to run in the 2022 municipal election on June 23 where she plans to advocate for small business protections amid economic recovery, according to documents filed with the City of Santa Clarita.  ...

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Santa Clarita Unemployment Up Nearly 145 Percent In 2020

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The unemployment rate in the City of Santa Clarita has experienced a 144.8 percent increase in unemployment since January 2020, according to data from the Bureau of Labor Statistics (BLS). In October 2020, Santa Clarita reported an unemployment rate of 10.7 percent, which while down from the pandemic peak of 20.3 percent in April 2020, is still significantly higher than ...

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Santa Clarita Unemployment Growth 17th Highest In The U.S. Due To Coronavirus  

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Santa Clarita unemployment growth has been ranked 17th highest in the United States as a result of the coronavirus pandemic, officials said Wednesday.  In order to identify where workers have been most affected by the coronavirus pandemic, WalletHub, a personal finance website, compared 180 cities based on increases in unemployment.  The data was used to rank the most impacted cities ...

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Santa Clarita Valley Economic Outlook Forecast Event Set For March

The Santa Clarita Valley Economic Outlook Forecast event is set to take place in March, officials said Monday. “SCV is growing jobs and has completely recovered job loss from the recession,” said Holly Schroeder, CEO of the Santa Clarita Valley Economic Development Corporation (SCVEDC). Employment numbers continue to rise and there are a record number of jobs in the Santa ...

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Santa Clarita Named 12th Hardest-Working City In America

Santa Clarita has been named the 12th hardest-working city in America, according to a study released Wednesday. Kempler Industries, an industrial machinery company, analyzed data from the U.S. Census Bureau from nearly 200 cities across the U.S. with a population of 150,000 or more, according to the study. “Americans take great pride in their work ethic. However, some cities tend ...

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Santa Clarita Rent Experienced Largest Increase In Los Angeles Metro Area For 2019

Santa Clarita rent experienced the greatest increase year-over-year across all cities in the Los Angeles metropolitan area for 2019, according to a report from Apartment List, a rental listing and reporting website. “Santa Clarita has seen the fastest rent growth in the metro, with a year-over-year increase of 3.1 percent,” the report stated. This 3.1 percent increase on average in ...

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Santa Clarita Highly Ranked In Latest California Retail Survey

The City of Santa Clarita has been ranked 22nd in retail sales in the latest statewide California Retail Survey, which compares retail sales activity for each of California’s 58 counties and 482 cities. Don’t miss a thing. Get breaking KHTS Santa Clarita News Alerts delivered right to your inbox. The results are consistent with the City’s ranking from Fall 2017 and is ...

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Nasmyth Group North American HQ Moves To Santa Clarita

The Nasmyth Group aerospace company has moved their North American headquarters to Santa Clarita, opening a new metal surface treatments facility in Valencia. Don’t miss a thing. Get breaking KHTS Santa Clarita News Alerts delivered right to your inbox. On Thursday, the Nasmyth Group, a UK-based aerospace company, opened their new North American headquarters in Valencia. “Opening a new facility in the ...

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Santa Clarita Economy Reaches ‘Golden Age’ Due To Filming, Technology Business

The Santa Clarita economy has reached new heights with a booming technology sector and a rise in filming, according to presentations by economists at the yearly Economic Outlook conference. Don’t miss a thing. Get breaking KHTS Santa Clarita News Alerts delivered right to your inbox. The Santa Clarita Valley Economic Development Corporation (SCVEDC) hosted approximately 400 business leaders and residents at an ...

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