November 8, 2013 |
WASHINGTON -- The American job market showed a burst of life in October as employers added a healthy 204,000 jobs over the month, far exceeding analysts' expectations that had been lowered in part by the partial federal government shutdown. The Labor Department said Friday, however, that the unemployment rate last month edged up to 7.3% from a five-year low of 7.2% in September. Officials said there was an unusually large drop in the so-called labor force, those working or actively looking for jobs.
November 6, 2013 |
WASHINGTON -- Planned layoffs by U.S. employers jumped 13.5% last month, led by cutbacks at pharmaceutical and financial services firms, according to a report Wednesday. Employers announced plans to cut 45,730 jobs in October, up from 40,289 the previous month, said outplacement consulting firm Challenger, Gray & Christmas Inc. Despite the increase, the October figure was down 4.2% from the same month a year ago. It was the first time in five months that year-over-year layoffs were lower.
November 5, 2013 |
WASHINGTON -- The service sector, a crucial driver of the U.S. economy, expanded more than forecast last month as business activity surged in a sign the partial government shutdown was not a drag on sales, a widely watched index indicates. The Institute of Supply Management said Tuesday that its purchasing managers' index for the service sector rose to 55.4 in October from 54.4 the previous month. Economists had projected just a slight increase to 54.5. Index readings above 50 indicate the sector is growing.
October 23, 2013 |
Elliott Smith needed a cigarette. The singer-songwriter was onstage at Largo on Fairfax Avenue not long after smoking had been banned in California bars. "He'd played about 10 songs and said, 'I'm going to go take a smoke break, does anyone want to join me?'" remembered Largo's longtime owner Mark Flanagan of the 1998 show. "He put his guitar down and walked out to the street. Then 60 people got up and gathered outside. People who didn't even smoke were smoking outside just to be near him. " Smith died 10 years ago this week in his Echo Park home.
CALIFORNIA | LOCAL
October 21, 2013 |
Meteorologists are calling it "June gloom" in October and say Angelenos will have to wait until the end of the week for the sun to reign supreme. "Kinda June-ish ... June gloom is here for the week," said Andrew Rorke, a meteorologist with the National Weather Service in Oxnard. Rorke said temperatures throughout the week will be from around 70 degrees at the beaches to the upper 70s inland, and into the mid-80s in the valleys. He said there was no real chance of rain. Downtown L.A. on Monday was expected to have a high of 76. At Los Angeles International Airport, temperatures were forecast to reach 68 degrees.
October 6, 2013 |
"Gravity" took flight at light speed this weekend, soaring past industry expectations as it rocketed to No. 1 at the box office. Alfonso Cuarón's 3-D space drama launched with a robust $55.6 million, according to an estimate from distributor Warner Bros. Heading into the weekend, pre-release audience surveys indicated that the film would make no more than $45 million in its opening weekend. Meanwhile, "Runner Runner," the only other film that debuted nationwide this weekend, fell short of even the lowest projections with a disappointing $7.6-million start.