Frontier Communications is relocating their Oxnard facility to be consolidated with Thousand Oaks facility at The Arbors, located at 2560 Teller Road.
Lowe's grading started at Grande Vista Drive and Academy Drive. Watch for the construction of Lowe's home improvement center as well as LA Fitness and three pads for future restaurants.
ECONOMIC DEVELOPMENT STRATEGIC PLAN
On September 12, 2017, City Council received the final draft of the proposed Economic Development Strategic Plan. The Plan is a long-term vision that focuses on the economic growth of the city over the next 10 years. It contains 12 strategic recommendations and proposed tools to implement the goals of the Plan.
A total of 1,779 new vehicles were sold in August 2017. New vehicles sales decreased by 6.37 percent from July 2017 and 2.31 percent from a year ago. Additionally, 766 pre-owned vehicles were sold.
VENTURA COUNTY UNEMPLOYMENT
The California Labor Market report revealed that Ventura County's August 2017 unemployment rate of 5.3 percent was up from a revised 5.0 percent in July 2017. A total of 1,800 non-farm jobs were added in August 2017, However 800 jobs were lost, for a net increase of 1,000 jobs. The loss in jobs includes 800 in leisure and hospitality. The gain includes 500 in professional and business services, 400 in trade, transportation and utilities, 400 in government, 200 in construction, 200 in educational and health services, and 100 in manufacturing.