2023 Riverside County Economic Profile

The largest region in terms of population and contains the county’s three largest cities: Riverside, Corona and Moreno Valley. It also includes the cities of Eastvale, Jurupa Valley, Norco, and Perris, along with the unincorporated communities of Home Gardens, Highgrove, and Mead Valley. NORTHWEST REGION DIVERSE INDUSTRIES

The largest concentration of industry in the county, including a large distribution and manufacturing base for Southern California. The region has diversified industries such as transportation and warehousing, healthcare and social assistance, construction and many more are compatible with the type of labor skills available in the region and can utilize the transportation assets. Ways of Travel Access by way of Interstates 15 and 215 and State Routes 60 and 91 provides excellent transportation. The region is served by Ontario International Airport and the ports of Long Beach and Los Angeles. Education and Workforce Resources Experiencing rapid growth due to its diverse

workforce with varying skill levels, a robust higher education system, and its strategic location for service provision. The emergence of on-the-job (OTJ) training programs and other employment initiatives further contribute to this upward trend. The Riverside County Workforce Development Centers (WDC) offer numerous services and programs to support businesses, providing valuable resources at no cost. The Small Business Development Center (SBDC) is another resource that offers free business consulting, training, and a wide range of resources in areas such as start-up assistance, securing funding through debt or equity, customer attraction and retention, product commercialization, and more. Both aspiring entrepreneurs and current business owners can benefit from these services and programs.

FASTEST GROWING PRIVATE INDUSTRIES INDUSTRY 2022 JOBS 2023 JOBS CHANGE IN JOBS (2022-2023) % CHANGE

2022 EARNINGS PER WORKER

53,442 49,948 28,159 70,272

70,848 58,851 36,975 91,090

17,406 8,903 8,816 20,818

33% 18% 31% 30%

$57,081 $73,656 $31,906 $62,937

HEALTHCARE & SOCIAL ASSISTANCE TRANSPORTATION & WAREHOUSING

CONSTRUCTION

ACCOMMODATION & FOOD SERVICES

ADMINISTRATIVE & SUPPORT & WASTE MANAGEMENT & REMEDIATION SERVICES

35,166

42,299

7,133

20%

$45,852

41,505 19,191

45,773 22,506

4,268 3,315

10% 17%

$50,009 $88,739

RETAIL TRADE

WHOLESALE TRADE

OTHER SERVICES (EXCEPT PUBLIC ADMINISTRATION) PROFESSIONAL, SCIENTIFIC, & TECHNICAL SERVICES

12,223

15,206

2,983

24%

$30,551

11,040

12,960

1,920

17%

$87,252

6,335

8,127

1,792

28%

$49,276

EDUCATIONAL SERVICES

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