Economy

"Empty," says Jack Rodman, an expert in distressed real estate, as he points from the window of his 40th-floor office toward a silver-skinned prism rising out of the Beijing skyline. "Beautiful building, but not a single tenant. "Completely empty. "Empty." So goes the refrain as his finger skips from building to building, each flashier than the next, and few of them more than barely occupied.

The poor economy is taking a toll even on the dead, with an increasing number of bodies in Los Angeles County going unclaimed by families who cannot afford to bury or cremate their loved ones. At the county coroner's office -- which handles homicides and other suspicious deaths -- 36% more cremations were done at taxpayers' expense in the last fiscal year over the previous year, from 525 to 712.

Unemployment in California shot to 11.2% in March, the highest level since the state began keeping records. What's more, the number of people out of work for almost a year rose by 9.4%, and has now doubled in the last 12 months. Carpenter Luiz Vasquez knows the frustration all too well. In the last year, he said, he worked only two weeks. "I go through town, and I do not hear the sound of work," said Vasquez, 40, who is seeking help through a Chrysalis job center in Santa Monica.

On a recent Saturday night, Savannah Stern earned $300 to hang out for seven hours at a party in Santa Monica wearing nothing but a feather boa. The veteran of more than 350 hard-core pornography productions took the job to earn extra cash and to network. But the word at the 35th anniversary party for Hustler magazine was not heartening, especially among the roughly 75 other women working there. "At least five girls I haven't seen in a while came up to me and said, 'Savannah, are you working?

As bad as California's budget crisis is for the state's $1.8-trillion economy, just wait. It could get worse. The spectacle that played out in the national media this week of a state unable to get its fiscal act together is reinforcing the notion that the Golden State is a rotten place to do business, experts say.

A hodgepodge crowd gathers here twice a week for handouts just steps from City Hall and an empty kosher deli. Outside the local food pantry snakes a line of Guatemalans wearing court-ordered ankle monitors, imported workers from the Pacific island of Palau and unemployed town natives -- almost all there because of a dramatic raid that has left a deep mark in the way the U.S. views and deals with illegal immigration.

This city is a rarity in 2009: a place full of hard hats and big building projects and subcontractors roaring around in pickup trucks. A city where home prices have dipped only slightly, and where the unemployment rate is 5.3% -- compared with 8.1% nationwide. New Orleans, it seems, has largely dodged the Category 5 recession pummeling the rest of the country, thanks to its unique post-Katrina economy. For locals accustomed to bad luck and trouble, the good news can feel a little strange.

California's unemployment rate in May hit 11.5% -- its highest level in more than three decades -- but the pain of losing work isn't being shared equally between the sexes. The state lost 68,900 jobs in May as unemployment rose from a revised 11.1% in April and 6.8% in May 2008. This is the highest rate since the national record-keeping system began in 1976. Out of every four jobs lost nationwide since the recession began in December 2007, three have been lost by men.

Religious and labor leaders called upon Congress and President-elect Obama to pass a comprehensive immigration package this year and said that the U.S. economy could not be restored without legalizing the nation's undocumented immigrants. "Immigration reform is a necessity in order to fix the American economy," John Wilhelm, president of Unite Here's hospitality-industry division, said Thursday during a national teleconference call on immigration reform.

Hospitals across California and the country are reeling from the effects of the economic downturn and the troubled financial markets. Patients are putting off medical care because of job losses, job insecurity and high out-of-pocket expenses. As a result, the number of paying patients and profitable elective procedures is down. At the same time, the number of uninsured patients whom hospitals treat is rising. Like just about everybody else, hospitals are losing money on their investments.