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 6, 2010 |
Unemployment among Hispanics in the U.S. has soared since the recession hit because those workers are disproportionately employed in industries and regions hardest hit by the downturn, according to a congressional report released Wednesday. Hispanic workers were more likely to be employed in the construction sector, which was pounded during the housing collapse, particularly in states including California, Florida and Nevada, which experienced the largest declines in housing prices and biggest increases in foreclosures.
April 18, 2014 |
California's employers added 11,800 jobs in March, a modest increase but one that nevertheless kept momentum going in the job market. The unemployment rate, meanwhile, held steady at 8.1% from the month-earlier revised figure, the state's Employment Development Department reported Friday. "We are zig-zagging on a monthly basis. One month is strong and the next is weak," said Esmael Adibi, an economist at Chapman University. "But based on what we see at the national level, we will get much stronger growth" this year.
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.
February 23, 2014 |
The Persian Gulf emirate of Qatar, flush with oil riches and seeking to push its way to the front of the international stage, is in the midst of an enormous, decade-long building boom to construct facilities and infrastructure for the 2022 World Cup soccer tournament, the largest and most-viewed sporting event in the world. Unfortunately, Qatar is preparing for that moment of international cooperation and sport by grievously exploiting its foreign workers, subjecting them to dangerous conditions that should be drawing forceful condemnations from the world community.
October 22, 2013 |
WASHINGTON -- The nation's unemployment rate dropped to a five-year low of 7.2% in September, the government reported Tuesday, but employers continued to show reluctance in hiring as they added a moderate 148,000 jobs over the month. The Labor Department report, delayed 2 1/2 weeks because of the partial federal government shutdown, reflected an economy growing at a lackluster rate. The latest job gains matched the pace since the start of summer but came in below Wall Street's forecast for an increase of about 175,000 jobs.