Labor Markets

Higher consumer spending will offset sequester cuts, economists say

2013-05-20 06:22:00

WASHINGTON -- Consumers will help keep economic growth on track this year, as new projections of their spending indicate it will offset the hit to the recovery from the federal government's automatic budget cuts, a panel of economists said Monday. The...

California jobless rate falls to 9%

2013-05-17 17:45:00

No one ever said the economic recovery would be pretty. California eked out more growth in April as employers added 10,400 jobs, bringing the net total added over the year to 273,000. The state's unemployment rate dropped to 9% from 9.4% the month...

Unemployment rate falls, but hiring slows in California and L.A.

2013-05-17 11:04:00

After a few robust months, the pace of hiring in California slowed in April as employers concerned about the economy cut back on adding new employees. In a month in which the nation added 165,000 net new jobs, the Golden State gained just 10,400...

California Latinos face stark workforce training gap, study says

2013-05-17 08:00:00

With community colleges turning students away for lack of available slots, Latinos are projected to face disproportionately higher workforce training gaps, a study released Friday found. That means lower wages over the lifetime of an estimated 840,000...

California's unemployment rate drops to 9%

2013-05-17 07:37:00

California’s pace of job creation slowed in April, as employers added 10,300 jobs in April, nevertheless pushing the state’s unemployment rate down to 9% from 9.4% the month before. Employers had added twice as many jobs in March as they did...

Consumer prices fall 0.4% on cheaper gas

2013-05-16 06:23:21

A sharp fall in the cost of gas drove a measure of U.S. consumer prices down last month by the most since December 2008. Outside the drop in fuel costs, prices were largely unchanged. The consumer price index fell 0.4 percent in April from March, the...

Initial jobless claims jump to 360,000, most since March

2013-05-16 06:50:00

WASHINGTON -- Initial jobless claims unexpectedly jumped to a six-week high of 360,000 last week after declining to a post-recession low this month, the Labor Department said Thursday. The number of people filing for the first-time for unemployment...

California's jobless hotline hours slashed

2013-05-17 00:00:00

SACRAMENTO — Want help from the state getting unemployment benefits? Don't call after noon. Because of federal budget cuts, the California Employment Development Department has told its call center workers not to answer its benefits hotline...

Debate over amnesty looms over efforts to reform immigration laws

2013-05-12 17:17:00

In 1986, lawmakers decided the problem of illegal immigration had to be dealt with. More than 3 million people were living in the United States after crossing the border illegally or overstaying their visas. A new law signed by President Ronald Reagan...

Eurozone recession continues

2013-05-16 00:00:00

WASHINGTON — Europe's recession stretched into the first three months of the year, making it the single-currency region's longest downturn and raising concerns about its effect on the U.S. recovery. The 17-nation Eurozone economy contracted 0.2%...

U.S., Afghan diplomats work toward long-term agreement

2013-05-11 18:05:00

KABUL, Afghanistan — Diplomats from the United States and Afghanistan met formally Saturday for just the second time since the two countries signed a Strategic Partnership Agreement a year ago as they sought to hammer out a pact defining Washington'...

Macy's profit rises on solid sales

2013-05-15 14:41:51

Macy's Inc. reported a 20% increase in first-quarter profit even though cool temperatures and economic worries damped some shoppers' spending on spring clothes. The company, which also operates the upscale Bloomingdale's chain, is also raising its...

California employers shed 17,500 workers from payrolls in December. The unemployment rate remained unchanged at 9.8% last month. Above, job seekers fill out applications at an employment fair in San Jose last month.

2013-01-18 10:58:29

Canada's unemployment rate is currently 7.4%, only slightly better than the U.S. Job growth has been stagnant in Canada as of late.

2012-11-08 00:00:00

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In this Thursday, Oct. 4, file photo, United States Air Force Master Sgt. Matt Ditarando, center, talks with Wal-Mart store manager Craig Edwards at the Hiring Our Heroes job fair at Raymond James Stadium in Tampa The number of Americans seeking unemployment aid plummeted last week to seasonally

2012-10-11 06:47:00