Tuesday, November 1, 2022 | |
Updates from City Hall | Business News | Local Economic Trends | Education & Training | |
Business Recognition Program nomination period closing | |
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The nomination deadline for the Business Recognition Program for this round is being extended until the end of this weekend (Sunday, November 6th). Submit your nomination and help us find our next awardee! Nominations from our first round that were not selected will be reconsidered in this round. We also accept updated nominations, as well as new nominations.
Learn more about this quarterly program, recognition perks, and previous recipients, click here.
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Help us, help you: 7 questions for our readers
We would like to request 7 minutes of your valuable time to anonymously respond to 7 brief questions to help us continue to improve this newsletter and its usefulness to you and your business. Click here to provide your anonymous feedback.
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City launching new virtual service system
The City is launching a new enhanced and integrated virtual service system for property owners, residents, and businesses on November 14th. The new system is called TO/24, reflecting 24-hour online access enabling customers to submit applications, seek permits and approvals, schedule inspections, check statuses and results, and more. TO/24 is designed to streamline processes, capture efficiencies, and improve access to information and services for the benefit of residents, local businesses, and the city alike. Learn more here.
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National Entrepreneurship Month | |
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November is National Entrepreneurship Month. To commemorate this occasion, we would like to convey our deep appreciation for all of our local entrepreneurs. This includes those visionary individuals dedicated to developing innovative products and services that can help address global and industrywide problems, but it also includes those that contribute specifically to the uniqueness that makes Thousand Oaks the special place it is.
One of our key resources and partners helping to foster entrepreneurship here in Thousand Oaks is CLU's HUB 101. Check out their WorkElevation Academy for free virtual learning and networking opportunities for entrepreneurs. To learn more click here.
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11th Annual Taste of Conejo November 6th
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 now available.
See here for more details.
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SoCal Edison Energy Savings & Small Business Rates
The increase in cost of energy has led to increased costs for our businesses. SoCal Edison has resources and programs that can help businesses reduce their energy consumption and costs.
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See Small Business Resources here.
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See Energy Savings Solutions by Business Type here.
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Aiden Aston
Aiden Aston, an organic children's clothing store opened at The Promenade, located at 140 Promenade Way. (External Link)
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The Cliffdiver Restaurant & Beach Bar
The Cliffdiver Restaurant and Beach Bar, a Mexican/American restaurant opened at 720 E Thousand Oaks Blvd (previously occupied by Himalaya Cuisine of Nepal). (External Link)
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Pick Up Stix
Pick Up Stix relocated from the City of Westlake Village to Westlake Plaza at 2761 Agoura Road. (External Link)
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Stretch Lab
Stretch Lab opened a new facility in Westlake Plaza located at 960 S. Westlake Blvd. . (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 September 2022 unemployment rate is 2.5% (down from a revised 2.9% in August 2022).
The City has a total of 63,200 in the labor force with 61,700 who are employed. Labor force participation within the City is up about 2% compared to September 2021.
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Ventura County
The California Labor Market report shows Ventura County’s preliminary September 2022 unemployment rate at 3.3% (down from a revised 3.5% in August 2022). Countywide labor force participation is up about 1.8% compared to this time last year, and statewide it's up about 1.5% year-over-year.)
A total of 3,000 non-farm jobs were added in September 2022. However, a total of 1,000 jobs were lost; amounting to a net increase of 2,000 jobs. Job gains consisted of: 1,900 in Government; 900 in Education and Health Services; and 200 in Manufacturing. Job losses consisted of: 400 in Financial Activities; 200 in Leisure and Hospitality; 200 in Professional and Business Services; 100 in Trade, Transportation, and Utilities; and 100 Information.
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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. September 2022 data is a preliminary estimate. It shows estimated gains in most industries compared to September 2021. (Financial Activities is the only sector down slightly year-over-year. Moreover, Construction and Manufacturing sectors are estimated above the February 2020 benchmark.) | |
See more employment-related data on the state's Employment Develop Department website here. | | |
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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 1,140 new vehicles were sold in September 2022; up 2.7% from August 2022, and up 2.0% Year-Over-Year.
In addition, 862 pre-owned vehicles were sold in September; down 6.0% 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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Ventura County Workforce Development Board
Employers can take advantage of free employment services and recruiting, on-the-job-training, skills enhancement, and customized training. See the Workforce Resource Guide 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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