Updates from City Hall | Business News | Local Economic Trends | Support & Resources | |
Join us for Arbor Earth Day (April 15th) | |
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The City's annual Arbor Earth Day celebration returns Saturday, April 15th from 9am-1pm, at the Thousand Oaks Community Center located at 2525 N. Moorpark Road.
This free family event promotes a sustainable lifestyle and will include eco-inspired activities and displays such as: electric vehicles, bicycle activities, compost and native plant giveaways, workshops, children's activities, raffles, and more! See details here.
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Sustainability makes dollars & sense | |
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Every April we celebrate Earth Day. This commemorative day reminds us to take a moment to recognize the importance of our environment to our overall well-being and prosperity. Fortunately, advancements in scientific understanding, and policy and technology innovations from the public and private sectors have helped lead us into an age where enhancements in environmental and economic sustainability can often be achieved simultaneously.
The City of Thousand Oaks is a member of the Ventura County Green Business (VCGB) Program. The VCGB Program offers excellent resources to help your business identify and adopt sustainable business practices that contribute to improved environmental conditions, save your business money, and keep your business competitive and thriving into the future. We invite you to learn more and get certified!
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Boot Barn
New store specializing in footwear.
2675 W. Hillcrest Drive.
External Link
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The Copper Jacket
New ammunition and sporting goods store.
Heritage Plaza
812 E. Thousand Oaks Blvd.
External Link
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The Container Store
New location for your storage and organization needs.
The Village at Moorpark
33 N. Moorpark Rd.
External Link
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Denino's Pizzeria & Cafe
New restaurant brings New York landmark pizza recipes to the West Coast.
1710 On the Boulevard
1710 E. Thousand Oaks Blvd.
External Link
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Financial Transition Partners
New office offering financial advisor services.
Westlake Gardens Office Park
2535 Townsgate Rd.
External Link
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Manny's Pizza
New independent pizzeria has replaced what was previously a large franchise establishment.
Oakbrook Plaza
2060 E. Avenida De Los Arboles
External Link
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Mirchi Indian Cuisine
New restaurant focused on Indian cuisine.
Smart & Final Extra shopping center
2110 Newbury Rd.
External Link
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Pugilist Gym
New gym providing martial arts, boxing and yoga instruction.
1746 N. Moorpark Rd.
External Link
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To see the City's latest monthly Development Activity and Permits Issued reports click here. | |
Unemployment Rates & Jobs by Industry | |
Tracking labor force and employment trends helps the City better understand supply and demand shifts as they relate to local workforce and land use needs to inform decision-making. | |
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City of Thousand Oaks
According to the California Employment Development Department, the preliminary Thousand Oaks February 2023 unemployment rate is 3.5% (up from 2.6% in December 2022 revised figures).
The City has a total of 64,000 in the labor force with 61,700 who are employed. Labor force participation within the City is up about 1.6% compared to February 2022.
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Ventura County
The California Labor Market report shows Ventura County’s preliminary February 2023 unemployment rate at 4.1% (down from a revised 3.5 in December 2022). Countywide labor force participation is up about 1.1% year-over-year. Statewide it's up about 1.3% year-over-year (not seasonally adjusted).
A total of 2,800 non-farm jobs were added in February 2023. However, a total of 1,000 jobs were lost; amounting to a net increase of 1,800 jobs over the previous month. Job gains consisted of: 800 Education and Health Services; 600 in Government; 500 in Leisure and Hospitality; 400 in Professional and Business Services; 300 in Construction; 100 in Manufacturing; and 100 in other Services. Job losses consisted of: 800 in Trade, Transportation, and Trade; 100 in Information; and 100 in Financial Activities.
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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. February 2023 data is a preliminary estimate. It shows estimated job gains in most industries compared to February 2022. (The Financial Activities and Information have dipped slightly year-over-year.) Across all sectors there are approximately 11,400 more jobs in February 2023 compared to February 2022. However, there are still about 1,000 fewer jobs compared to the February 2020 baseline.
See more employment-related data on the state's Employment Development Department website here.
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Automobiles sold in the City contribute significantly to the total sales tax revenue the City uses to support programs and services that continue to make Thousand Oaks an attractive place to live and do business.
A total of 1,086 new vehicles were sold in February 2023; up 4.4% from January 2023, and up 4.6% year-over-year.
In addition,913 pre-owned vehicles were sold in February; up 18.4% year-over-year.
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Many organizations and programs exist to provide financial and/or technical assistance support to help businesses navigate an ever-evolving economic climate, technological advancement, and policy landscape. We encourage our local businesses to tap into these resources to stay competitive and thrive! | |
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Incentives for local manufacturers using recyclables
Did you know the entire County of Ventura is a state-designated Recycling Market Development Zone (RMDZ)? Local manufacturing businesses creating new products from recycled materials, processing recyclables in a way that increases their market value, repairing items that would otherwise become waste, and similar activities may be eligible for financial and other incentives. learn more here.
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CSU Channel Islands Career & Internship Fair
Looking for talent to fill important employee or internship positions within your business or other organization? CSU Channel Islands will be hosting its Spring 2023 Career & Internship Fair on Wednesday, April 19th, 2023. Registration is open! See more here.
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Trainings and Other Resources | |
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Economic Development Collaborative
See the latest schedule of upcoming no-cost education and training opportunities 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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Learn more about Support and Resources available to Thousand Oaks businesses here. | |
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[CITY OF THOUSAND OAKS] [2100 E. THOUSAND OAKS BLVD 91362] [www.toaks.org]
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