Unemployment

Fed's mixed messages roil markets

2013-05-23 00:00:00

WASHINGTON — The Federal Reserve's unprecedented stimulus efforts are starting to box in the nation's central banker. Its bond purchases have helped fuel economic growth since the financial crisis. But Fed policymakers now must figure out how...

Initial jobless claims drop to 340,000 after one-week spike

2013-05-23 06:13:00

WASHINGTON -- Initial unemployment claims dropped back to a level indicating moderate job growth last week after a spike the previous week raised alarms about the labor market recovery. The number of people filing for unemployment benefits for the first...

Elections deal a blow to L.A. unions

2013-05-23 17:34:00

Some of the most powerful labor organizations in Los Angeles placed huge bets on mayoral candidate Wendy Greuel that went bust. All their spending and prodigious organization failed to ignite Greuel's campaign and allowed her opponent, Eric Garcetti, to...

Microsoft unveils Xbox One! Layoffs at ESPN. Box-office pressure.

2013-05-22 07:31:00

After the coffee. Before waiting for Xbox One to change my world. The Skinny: I may be in the minority, but I'm not looking for more interaction with my TV. I spend my days interacting and it is mostly a frustrating experience. I don't want to be...

Defense to furlough most of its 800,000 civilians

2013-05-14 13:19:00

WASHINGTON — The Defense Department will furlough most of its 800,000 civilian employees for 11 days, a decision that Defense Secretary Chuck Hagel called “difficult” but necessary to meet mandatory federal spending cuts this year...

Brown seeks to eliminate state tax break for 'enterprise zones'

2013-05-15 00:00:00

SACRAMENTO — Gov. Jerry Brown is taking another stab at largely eliminating a state $700-million tax break for "enterprise zones" aimed at creating jobs in economically strapped localities. The governor failed in his efforts in 2011 to eliminate...

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...

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...

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...

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...

HUD to shut down offices as a result of sequester

2013-05-17 13:13:00

Across-the-board cuts in the federal budget will force the Department of Housing and Urban Development to close its offices on May 24 and possibly six other days. HUD, which provides assistance programs for low-income and homeless people, said Friday...

Village Voice 'bloodbath' sends restaurant critic Robert Sietsema packing

2013-05-17 14:39:00

Particularly hard-hitting employee cuts at the Village Voice on Friday included longtime restaurant critic Robert Sietsema, who had been at the New York alt weekly newspaper for 20 years. Gossip columnist Michael Musto and theater critic Michael...

Union members march in solidarity for Caterpillar employees who have lost their jobs outside of a European Union summit in Brussels aimed at boosting growth and reducing unemployment.

2013-03-14 00:00:00

In this April file photo photo, Paul Kader II fills out a job application during a career fair in Buffalo, N.Y. The number of people seeking U.S. unemployment benefits was unchanged last week, suggesting steady gains in the job market.

2012-05-17 07:23:00

Young protesters carry a banner bearing the slogan "We are all Greek" and statistics for youth unemployment in some European Union countries during a march in Lisbon on April 25. Euro zone unemployment is now at a record high since the euro debuted in 1999.

2012-05-02 00:00:00