Thursday, September 1, 2022 | |
Updates from City Hall | Business News | Local Economic Trends | Education & Training | |
Congratulations to our first Business Recognition Program awardee | |
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On Tuesday, August 30th, Mayor Engler and City Council recognized the Latino Market and Grill as the City's very first Business Recognition Program awardee.
Located at 711 E. Thousand Oaks Blvd., the Latino Market and Grill has been a staple in Thousand Oaks for more than three decades. Over the years, they have expanded their grocery and restaurant services across four suites of commercial space in 7 Oaks Plaza. They have also grown to 15-20 employees.
"The Latino Market and Grill's story embodies the spirit of this award perfectly. It's a story of vision and longevity; of growth and resilience. We appreciate the cultural enrichment they bring to our City," Mayor Engler remarks.
Walking through the doors of the Latino Market and Grill is a transportive experience. “We provide a place of comfort and familiarity for those needing a brief touchpoint with their Latin heritage. For others who simply love Latin culture, foods and flavors, we provide a unique cultural experience right here in their own backyard. We welcome all,” owner Michelle Ahumada says.
To read the full story and to learn more about our Business Recognition Program and/or to nominate a business, click here.
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City awarded $27 million in Homekey funds | |
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The City is pleased to announce an award of $27 million in state grant funding to convert the Quality Inn & Suites motel into 77 units of permanent supportive housing for the chronically homeless. Addressing homelessness has been a consistent City Council priority. The state’s Homekey program has offered a rare opportunity to leverage substantial resources to meet this challenge in our community.
Read the City's full press release here.
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11th Annual Taste of Conejo event
Our partners at the Greater Conejo Valley Chamber of Commerce will be hosting the 11th Annual Taste of Conejo event on Sunday, November 6, 2022 at the Hyatt Regency Westlake. Exhibitors can reserve space now. Event tickets are available beginning September 6th.
See here for more details.
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September is National Preparedness Month
September is National Preparedness Month. We would like to take this opportunity to remind and encourage our residents and local businesses to take a few moments to learn about how to become better prepared for natural and human-made emergency situations.
Learn more at ready.gov. You can also visit the City's Emergency Management webpage here.
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Hiring Resource
See the Ventura County Workforce Development Board's Resource Guide for locally-focused programs for both employers and job-seekers. (More.)
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101 Escape Rooms
101 Escape Rooms has opened at The Oaks mall, located at 180 W. Hillcrest Drive. (External Link)
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Amazon Fresh
Amazon Fresh opened another store at the Promenade, located at 140 Promenade Way. (External Link)
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CSMC Mortgage
CSMC Mortgage completed their interior tenant improvements and relocated their offices to Westlake Plaza Centre, located at 2801 Townsgate Road. (External Link)
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Electric Ave
Electric Ave., servicing hybrid and electric vehicles opened at 389 E. Thousand Oaks Blvd. (External link)
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FYE
FYE, movies, music, t-shirts, and collectibles store opened at The Oaks mall, located at 552 W. Hillcrest Drive. (External Link)
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Genex Services
Genex Services, specializing in workers compensation, opened an office at 2555 Townsgate Road. (External Link)
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Instill Bio
Instill Bio just completed interior improvements and opened at Hatch Spaces Campus, located at 1535 Rancho Conejo Blvd. (External Link)
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Skin Laundry
Skin Laundry, a cosmetic laser consultant facility opened at the Westlake Plaza, 2820 Townsgate Road. (External Link)
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T-Mobile
T-Mobile has opened a new store at Newbury Park Village, 975 Broadbeck Drive. (External Link)
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See the City's latest monthly Development Activity and Permits Issued reports here.
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UNEMPLOYMENT RATES & JOBS BY INDUSTRY | |
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City of Thousand Oaks
According to the California Employment Development Department, the preliminary Thousand Oaks July 2022 unemployment rate is 2.8% (down from a revised 3.0% in June 2022).
The City has a total of 62,800 in the labor force with 61,100 who are employed.
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Ventura County
The California Labor Market report shows Ventura County’s preliminary July 2022 unemployment rate at 3.2% (unchanged from the June 2022 revised rate).
A total of 2,400 non-farm jobs were added in July 2022. However, a total of 3,900 jobs were lost; amounting to a net loss of 1,500 jobs. Job gains consisted of: 900 in Leisure and Hospitality; 600 in Education and Health Services; 500 in Construction; 200 in Professional and Business Services; 100 in Manufacturing; and 100 in Other Services.
Job losses consisted of: 3,700 in Government; and 200 in Trade, Transportation, and Utilities.
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The chart above illustrates year-over-year jobs by industry sector across the Ventura County region against a February 2020 benchmark. July 2022 data is a preliminary estimate. It shows estimated gains in most industries compared to July 2021. (Financial Activities is the only sector down slightly year-over-year. Aside from Construction and Leisure and Hospitality, no other sectors are above the February 2020 benchmark. Manufacturing is remains equal to February 2020.) | | |
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Auto sales taxes are an important source of revenue for the City, contributing to the City's capacity to provide programs and services to enhance quality of life for our residents.
A total of 1,123 new vehicles were sold in July 2022; up 7.2% from June 2022, but down 17.2% Year-Over-Year.
In addition, 922 pre-owned vehicles were sold in July; up 5.4% Year-Over-Year.
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Economic Development Collaborative
See the latest schedule of upcoming no-cost education and training opportunities for July here.
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SCORE - Ventura County
In addition to its no-cost mentoring services, SCORE is offering a variety of workshops this month on accounting, business formation, digital and social media marketing, and more. See here.
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Women's Economic Ventures
Check out the great business training, advisory services, loan opportunities and more over at WEV. More here.
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SCORE - Ventura County
In addition to its no-cost mentoring services, SCORE is offering a variety of workshops this month on accounting, business formation, digital and social media marketing, and more. See here.
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CA Employment Development Department
The California Employment Development Department (EDD) has a webpage with resources specifically for employers. See resources focused on Hiring and training, Work Sharing, and more here.
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[CITY OF THOUSAND OAKS] [2100 E. THOUSAND OAKS BLVD 91362] [www.toaks.org]
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