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June 24, 2008 | SANDY BANKS
It could be the rhinestone stud in her cheek, her thin resume, or her unwillingness to interview before noon, lest job-seeking disrupt her gym routine or interrupt her beauty sleep. Or it could be that this is the weakest job market for teenagers looking for summer work in more than half a century. But two weeks of pounding the pavement -- or at least occasionally scrolling through "help wanted" ads on Craigslist -- have produced not a single employment offer for my 17-year-old daughter . . .
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OPINION
April 5, 2014
Millennials had a rough week on The Times' letters page. In addition to the handful of responses Thursday agreeing with the editorial that criticized student leaders at UC Santa Barbara for calling on professors to flag any potentially distressful class material, recent college graduate Emily Koss' Op-Ed article lamenting her plight as an "over-educated nanny" after 18 years of school didn't draw much sympathy. Those readers whose letters were printed Wednesday faulted Koss for failing to research the job market before deciding what to study.
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BUSINESS
March 1, 2013 | By Jim Puzzanghera
WASHINGTON -- Consumer confidence surged in February as the improving job market offset concerns about higher taxes and looming federal spending cuts, according to a leading private barometer. The monthly consumer sentiment index from Thomson Reuters and the University of Michigan rose 5.1% last month from January. The new reading of 77.6 also was up 3.1% from a year earlier. “Consumer confidence continued to improve in February due to expected gains in employment," said Richard Curtin, the survey's chief economist.
OPINION
March 30, 2014 | By Emily Koss
"Emily, would you please put a bowl of water on the floor so I can drink like a dog?" It was a sweet and funny request, and I was happy to do it. But it was also a reminder, once again, that I work for a 4-year-old. You've probably heard about the vast array of problems facing my generation as we graduate and attempt to enter the job market. As a 24-year-old recent college grad, I can tell you that what you've been hearing is true. I graduated last May with unpaid internships waiting for me in Mexico, Spain and Nicaragua.
BUSINESS
March 26, 2012 | By Don Lee
Despite the recent pickup in job gains, Federal Reserve Chairman Ben S. Bernanke offered a cautious assessment of the labor market and suggested that he would press the Fed to continue or expand the central bank's easy-money policies to ensure further improvements in the unemployment rate.   In a speech Monday at an economics conference, Bernanke maintained that conditions in the job market remain "far from normal," with total hours of work and the number of people working still well below pre-recession levels.
BUSINESS
December 14, 2009 | By Don Lee
The unemployment rate dropped last month for men and women, blacks and whites, lifting hopes that the long dry spell in the jobs market may be coming to an end. But for recent college graduates and other young adults, the labor situation didn't just remain dire -- it got worse. For 20- to 24-year-olds, the jobless rate rose four-tenths of a percent to 16% in November, even as unemployment nationally slipped to 10% from 10.2%. And data from the Labor Department show that the unemployment figure for college graduates in that age group was 10.6% in the third quarter -- the highest since early 1983 and more than double the rate for older college-educated workers.
BUSINESS
June 29, 2010 | By Shan Li, Los Angeles Times
A summer job is a traditional rite of passage for most teens, but this year that may be passing them by. Nationwide, teens are facing the most difficult summer hiring season in decades, experts say. The unemployment rate for 16- to 19-year-olds hovered at 26.4% last month — the highest May figure since the Bureau of Labor Statistics began tracking it in 1948 — as older workers continued snapping up jobs normally held by the...
BUSINESS
May 3, 2012 | By Tiffany Hsu
Employee productivity took its biggest slide in a year, not because workers are slacking off but because businesses are boosting their head counts to keep up with demand. That's a good sign for the job market. It shows that bosses, who whittled their ranks during the lean years, are no longer able to squeeze as much output as they once were from their skimpy workforce. Despite frail GDP growth last quarter, demand for goods and services was strong (though it may be starting to slacken, depending on whom you ask )
BUSINESS
August 6, 2010 | By Don Lee, Los Angeles Times Staff Writer
The employment picture in the U.S. remained bleak last month as the nation's payrolls fell for a second straight month, with private-sector businesses adding a disappointingly scant number of new jobs. The jobless rate held steady at 9.5% in July, the government said Friday. The Labor Department said that private employers added just 71,000 new net jobs in July. Meanwhile, the federal government laid off 143,000 temporary census workers, and with budget-strapped local governments also cutting back, the total number of American jobs last month fell by 131,000 from June.
BUSINESS
August 7, 2010 | By Don Lee, Los Angeles Times
With the U.S. economy losing jobs for a second straight month in July, evidence is mounting that U.S. companies are spending huge sums on new equipment and taking other steps to make them more productive without hiring more workers. The nation's unemployment rate remained stuck at 9.5% last month, the government reported Friday, as the economy sustained a net loss of 131,000 jobs. What's more, revisions of the previous month revealed a much bigger job loss than originally reported: The nation lost 221,000 jobs in June, not 125,000.
BUSINESS
March 21, 2014 | By Shan Li
California's economy added 58,800 net new jobs in February, gaining back some momentum after a lackluster showing the month before, the state's Employment Development Department reported Friday. The job gains helped push the unemployment rate down to 8% from 8.1% a month earlier, according to state employment data. The pickup in the job market was spread across nine industries, including financial activities, government, and leisure and hospitality. Educational and health services reported the biggest increase with 15,800 new positions.
OPINION
February 9, 2014 | By Jonathan Gruber
The recent Congressional Budget Office report on healthcare reform has lots of good news. Insurance premiums are lower than anticipated, the Affordable Care Act will cost $9 billion less than previously estimated and the provision designed to buffer insurance companies from risk will actually raise revenue, not function as any sort of federal government bailout. But the good news has not gotten much attention because the CBO also projected that, within the next several years, healthcare reform may reduce employment and worker hours by the equivalent of about 2 million full-time positions.
NEWS
February 6, 2014 | By Michelle Maltais
Think the job market is in the toilet? For some, that's absolutely right. They are looking for a job while doing their business.  This insight comes courtesy of a survey by the Polling Co. on behalf of Jobvite out Thursday highlighting where and how people are looking for work. They asked a sample of 2,135 adults about their approach to job opportunities. Two things that were increasingly becoming go-to tools for job searches, according to the survey: mobile devices and social media. Of those surveyed, 43% used their mobile device to find work.
BUSINESS
February 5, 2014 | By Don Lee
WASHINGTON -- After the poor job growth in December and a recent series of weak economic data, all eyes will be on this Friday's employment report for January from the Labor Department. Another bad month will further darken the outlook, while a strong rebound could revive the optimism that many had at the start of the year. There's a good chance, however, that the numbers will be somewhere in the middle. In what may be a preview of Friday's report, the payroll firm Automatic Data Processing Inc. said Wednesday that its data showed private businesses added a moderate 175,000 jobs last month.
BUSINESS
February 4, 2014 | By Don Lee
WASHINGTON - The U.S. economy should grow at a solid rate over the next few years, but the labor market will continue to recover only slowly, according to new projections by the Congressional Budget Office. In its latest budget and economic outlook, the CBO on Tuesday forecast that economic growth will rise to 3.1% this year, boosted by gains in housing construction and business investment. And growth in economic output is projected to speed up to 3.4% in each of the next two years.
NATIONAL
January 30, 2014 | By Christi Parsons
WAUKESHA, Wis. - President Obama sat down at his portable signing table at a gas engine plant here Thursday to order an across-the-board review of how to improve federal job training programs. A day after he highlighted some significant changes he can make on his own, such as creating a new government-guaranteed retirement savings account, his jobs proposal was decidedly smaller bore. Obama acknowledged as much as he spoke to a crowd of General Electric employees, saying that an effective plan to create jobs would require investments in infrastructure and changes in the tax code, which he can't do without Congress.
BUSINESS
August 8, 2013 | By Walter Hamilton
Tell us your story. Although the economy is perking up, these are tough times for Californians of all ages. Are you a recent college graduate searching for work, a mid-career professional trying to keep your job or a retiree facing financial pressure? Whatever your situation, the Los Angeles Times wants to hear from you. Tell us how you're handling today's economy and job market. Please email walter.hamilton@latimes.com or shan.li@latimes.com .   ALSO : Many Americans say they can't retire until their 70s or 80s Today's retirees face declining standard of living, study says Student debt is No. 1 fear of college-bound, according to survey
BUSINESS
August 10, 2013 | By Shan Li
Share your family's story. Although the economy is improving overall, Californians of all ages are struggling in the job market and with personal finances. In many cases, extended families are stepping in to help. Are you a twentysomething who has moved back home? A fortysomething supporting your children or your aging parents? A sixtysomething who was prematurely pushed out of the workforce? Whatever your age or situation, the Los Angeles Times wants to hear how your family is pulling together in troubled times.
NEWS
January 10, 2014 | By Lisa Mascaro
WASHINGTON -- Friday's weak jobs report could provide momentum in Congress for extending unemployment insurance, despite the continued objections of most Republicans who believe that government intervention distorts the market and provides a disincentive to work. Democratic leaders seized on the disappointing jobs numbers as the Senate prepares to try again on Monday to advance legislation that would provide unemployment aid to more than 1.3 million out-of-work Americans whose benefits have run out. A handful of Republicans are needed to push the stalled bill forward, and senators from economically hard-hit states, particularly in the Midwest and Northeast, may be especially sensitive to Friday's showing.
BUSINESS
November 21, 2013 | By Don Lee
WASHINGTON -- The labor market looks like it is gaining some momentum. For the fourth time in five weeks, the number of workers filing new unemployment claims fell, to 323,000 for the week that ended Saturday, the Labor Department said Thursday. The drop, from 344,000 in the prior week, was larger than analysts' average forecast and brought the number to its lowest level since late September. The economy produced a surprisingly strong 204,000 jobs in October, and the downward trend in initial claims for jobless benefits suggests that the pickup in the job market carried into November.
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