January 26, 2011 |
Another sign that California's economic recovery is going slowly: The Golden State now boasts the second-highest unemployment rate in the nation. After months of ranking No. 3, California has swapped places with Michigan. California's 12.5% unemployment rate in December ranks only behind Nevada's 14.5% jobless rate, according to the latest rankings from the Bureau of Labor Statistics released Tuesday. Meanwhile, Michigan ended 2010 with a jobless rate of 11.7%. That's down from 14.5% in December 2009, when the industrial state was saddled with the worst unemployment in the country.
October 16, 2012 |
The second presidential debate began just as the first did - with a lot of statistics tossed out about jobs and unemployment. Two of them are worth some scrutiny. Mitt Romney said today's unemployment rate of 7.8% grossly understates what's really going on in the economy. Specifically, he said that if the government counted all the people who dropped out of the labor force, the real unemployment rate would be 10.7%. But Romney's figure assumes that the nation's labor-force population in the last few years had kept growing at the same rate as before the recession began in late 2007.
May 8, 1989 |
Working women take about one more sick day per year than men, the National Center for Health Statistics reported in a new study today. Women averaged 5.5 lost work days per year, compared to 4.3 missed days for men, in the analysis covering 1983 through 1985. John Gary Collins, one of the authors, declined to speculate on reasons for the difference, saying "there could be many possibilities." He said that comparative figures for men and women, which the National Center for Health Statistics had not collected before, were included in its new study because women now make up such a large portion of the work force.
September 7, 2012 |
U.S. employers added 96,000 jobs in August, the Labor Department said Friday, much fewer than expected. The unemployment rate was revised down, to 8.1% from 8.3% in July, but that's because people dropped out of the labor force. Join us for a live discussion about the state of unemployment and the economy later Friday. The Times will host a Google+ Hangout at 10:30 a.m. PDT with economy reporter Don Lee, markets reporter Andrew Tangel and Business deputy editor Joe Bel Bruno.
November 10, 2013 |
When potential employers ask Tracy Blakeley about her personal life, she assumes they're not making idle chit chat. They're trying to figure out how old she is. "They ask if I have kids or grandkids," Blakeley, 53, said. "They won't ask you your birth date, but they'll ask when you graduated from high school. " Blakeley has a rock-solid work ethic, good computer skills and an upbeat personality. What she doesn't have is a permanent job, despite trying her hardest to find one. It's a common story for people in their 50s, 60s and even 70s. Nearly 2 million people ages 55 and older are looking for a job these days, twice as many as before the Great Recession.
October 5, 2012 |
They're one of the most sought-after voting blocs, prevalent in swing states such as Ohio, but if today's job numbers are any indication, working-class voters could still be very much up for grabs in this election. That's because as the country's economy slowly improves, more people who traditionally work in manufacturing, logistics, or other professions that don't require a college degree are increasingly dropping out of the labor force and giving up looking for work. There were 11.7 million workers with less than a high school diploma in the labor force last September - now there are just 11.2 million, indicating that 500,000 people with less than a high school diploma have given up looking for jobs in a tough economy.
September 20, 2013 |
In what can best be described as tepid, California's jobs report Friday showed the state added 29,100 net payroll jobs even as the unemployment rate ticked up to 8.9% from 8.7% the month before. Figures from the state's Employment Development Department show that California's year-over-year payroll job growth slowed to 1.5%. Earlier this year, that rate was hovering around 2%. Economists say California has lost steam partly because of the ongoing recession in Europe, the economic slowdown in China and sluggishness in the retail sector.
January 25, 1987
John F. Lawrence's Dec. 14 column, "In Takeovers, Human Toll Often Ignored," was on target and touched on what is becoming an issue of major significance. The work force is feeling ignored if not outright abused. There have been sufficient numbers of mergers and acquisitions in recent years to raise the consciousness of employees, who are much more aware of their rights and are becoming vocal in demanding them. As a consequence, we may be headed toward legislation that would mandate that employers have a major responsibility to help employees find new jobs.