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Monthly information on business and the local economy
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November 2019
Chartwell Escrow
Chartwell Escrow opened a new office located at 2945 Townsgate Road.
The Habit
The Habit opened a new restaurant at the California Lutheran University campus, located at 3427 Mountclef Boulevard.
Historia Bakery
Historia Bakery, offering all you new favorite treats, has opened at Office Depot Plaza, located at 11 E. Hillcrest Drive.
Robek's Juice
Robek's Juice and Smoothies opened at the Conejo Valley Shopping Center, located at 1404 N. Moorpark Road.
Salon Republic
Salon Republic, specializing in beauty, cosmetic and personal care, opened at the Oaks, located at 190 W. Hillcrest Drive.
Thousand Oaks Unemployment
According to the California Employment Development Department, the preliminary Thousand Oaks September 2019 unemployment rate is 2.3%, down from 3.0% in August 2019. The City has a total of 64,700 in the labor force with 63,200 who are employed.
Ventura County Unemployment
The California Labor Market report shows Ventura County's September 2019 unemployment rate is 3.2%, down from a revised 3.9% in August 2019.
A total of 2,600 non-farm jobs were added in September 2019; however, 2,900 jobs were lost, amounting to a net loss of 300 jobs. The loss in jobs includes: 800 in professional and business services; 600 in government; 500 in health services; 400 in leisure and hospitality; 300 in construction; 200 in financial services; and 100 in information.
The job gains consist of: 2,400 in local education; and 200 in trade and transportation.
Auto Sales
A total of 1,665 new vehicles were sold in September 2019. New vehicle sales decreased by 5.9% from August 2019 and increased by 3.0% from a year ago. Additionally, 761 pre-owned vehicles were sold.
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2019 Economic Development Newsletter

2018 Economic Development Newsletter Archives