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ENTERTAINMENT
February 8, 2013 | By Robert Lloyd, Los Angeles Times Television Critic
"The Job," which premieres Friday on CBS, puts a reality-show spin on the hiring process - which is to say, it does explicitly what many reality shows do figuratively. Here, five "highly qualified candidates," a new batch each week, sell themselves to a tribunal of executives who will hire one for their company (also new each week) within the hour. Linking their series to the weak economy and job market, the producers (including Mark Burnett of "Survivor" and "Shark Tank" and "The Celebrity Apprentice")
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BUSINESS
February 7, 2013 | By Jim Puzzanghera
WASHINGTON -- New jobless claims dropped last week to 366,000 as the labor market continued to show signs of moderate growth. The number of people filing for the first-time for unemployment benefits was down 5,000 in the week ending Saturday from the previous week's revised figure of 371,000, the Labor Department said. Analysts had expected a deeper drop last week, to about 360,000 new claims. QUIZ: Test your knowledge about the debt limit The four-week average, which smooths out some of the volatility in the numbers, fell to 350,500.
BUSINESS
January 30, 2013 | By Alana Semuels
Private-sector employers added 192,000 jobs in January, more than economists had expected, indicating Friday's jobs report from the government may be a good one.   The numbers, from a private survey by payroll processor ADP, provided a glimmer of optimism about the economy the same morning the government reported the nation's GDP contracted in the fourth quarter .   “It feels to me that the job market is improving,” said Mark...
BUSINESS
January 29, 2013 | By Walter Hamilton
Despite a lukewarm economy and lackluster job market, the Dow Jones industrial average is closing in on a new all-time high, surpassing its last peak of 14,164. Test your knowledge of the stock market. After you take this quiz, try your hand at more more business-related quizzes by clicking here.   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BUSINESS
January 22, 2013 | By Tiffany Hsu
The number of unemployed workers worldwide has boomed by 28 million people in the five years since the global financial crisis began, leaving 197 million people without jobs last year, according to a new report. The numbers show a “crisis in labour markets of both advanced economies and developing economies,” according to new data from the International Labour Organization. In 2012 alone, 4 million people joined the unemployment ranks. The figure will swell by another 5.1 million workers this year to 202 million unemployed job seekers, soaring past the all-time record of 199 million jobless people in 2009.
BUSINESS
January 16, 2013 | By Alana Semuels, Los Angeles Times
NEW YORK - Retail giant Wal-Mart Stores Inc. pledged to employ any returning veteran who wants a job in a hiring push that will kick off Memorial Day. The initiative could mean as many as 100,000 hires over the next five years, according to the company. It also comes as the White House has been encouraging businesses to hire veterans who return from deployment amid a tough U.S. job market. In a speech to the National Retail Federation on Tuesday, Wal-Mart Chief Executive Bill Simon pledged to hire "any honorably discharged veteran in his or her first 12 months off active duty.
BUSINESS
January 3, 2013 | By Don Lee
WASHINGTON -- The pace of hiring accelerated in the final month of last year, boosted by solid gains in construction, professional services and trade and transportation, according to a closely followed private survey. The report released Thursday by Automatic Data Processing indicates that the private sector added 215,000 jobs in December, up from a revised 148,000 in November. The ADP calculations, which are based on about half a million U.S. private establishments for which it processes payrolls, suggest that job growth was considerably stronger last month than what many analysts have forecast.
BUSINESS
December 13, 2012 | Don Lee and Jim Puzzanghera
The Federal Reserve said it intends to continue aggressive measures to stimulate the economy and made a major policy shift to focus more directly on boosting the job market. Fed policymakers said they would keep interest rates at historically low levels until unemployment drops below 6.5%. It's likely to keep the Fed's short-term interest rates at historically low levels well into 2015. The move marked the first time that Fed policymakers have tied themselves to an explicit unemployment goal.
BUSINESS
December 9, 2012 | Don Lee
After riding out the tough economy in their parents' basements, more young American adults are starting to break out on their own, pushing up the nation's mobility rate and giving an important boost to the housing market and the broader recovery. Thanks to improving job prospects and super-low mortgage rates, adults in their 20s and early 30s are moving into their own apartments and buying homes in increasingly greater numbers, according to real estate experts and government statistics.
BUSINESS
December 5, 2012 | By Don Lee
WASHINGTON -- The U.S. job market looks like it took a big but not devastating blow last month from Hurricane Sandy. In a report ahead of Friday's government release of monthly employment statistics, the payroll processor Automatic Data Processing Inc. said the U.S. economy added 118,000 private-sector jobs in November. Although that's down from the 158,000 new private-sector jobs that ADP estimated for October, that growth didn't fall more sharply lends hope that the severe storms that wreaked havoc in the Northeast in late October didn't slam the employment market as hard as some people had feared.
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