Advertisement
YOU ARE HERE: LAT HomeCollectionsStephen Levy
IN THE NEWS

Stephen Levy

FEATURED ARTICLES
BUSINESS
March 23, 2012 | By Alejandro Lazo
California employers added 4,000 new payroll jobs last month , signaling slow but steady improvement in the state's labor market. Despite the gains, the unemployment rate remain unchanged at 10.9% as more workers dusted off their resumes to look for employment. “People are more encouraged to find jobs,” said Stephen Levy, an economist with the Center for the Continuing Study of the California Economy . “As people come into the workforce it's going to take a while to get the unemployment rate down.” Statewide, the biggest job gains last month were found in sectors that pay better than average wages - another positive sign for the California economy.
ARTICLES BY DATE
BUSINESS
March 24, 2012 | By Alejandro Lazo, Los Angeles Times
California is adding more high-paying jobs in affluent coastal areas, but the government and construction sectors remain big drags on the economy as communities inland continue to struggle. Employers added 4,000 payroll jobs in February, signaling slow but steady improvement in the labor market, according to figures released Friday by the California Employment Development Department. Despite the gains, however, the state's unemployment rate remained unchanged at 10.9% as more workers dusted off their resumes to look for employment.
Advertisement
BUSINESS
May 21, 1986 | NANCY YOSHIHARA, Times Staff Writer
California's major urban counties such as Los Angeles and San Francisco are emerging once again as centers of population growth, a development that is expected to help sustain the current surge in housing demand and construction, according to a study released Tuesday.
BUSINESS
December 17, 2011 | By Marc Lifsher, Los Angeles Times
California's unemployment rate dropped in November to 11.3%, the fourth straight month of decline and a sign that the state's labor market continues its slow recovery. November's jobless rate fell sharply from the 11.7% rate posted in October, according to data released Friday by the Employment Development Department, even though California employers added a modest 6,600 workers to their payrolls last month. Analysts said a sharp upward revision in the number of payroll jobs added in October helped.
BUSINESS
December 17, 2011 | By Marc Lifsher, Los Angeles Times
California's unemployment rate dropped in November to 11.3%, the fourth straight month of decline and a sign that the state's labor market continues its slow recovery. November's jobless rate fell sharply from the 11.7% rate posted in October, according to data released Friday by the Employment Development Department, even though California employers added a modest 6,600 workers to their payrolls last month. Analysts said a sharp upward revision in the number of payroll jobs added in October helped.
BUSINESS
October 22, 2011 | By Marc Lifsher, Los Angeles Times
California employers added nearly 12,000 jobs in September, the second straight month of employment growth. But the pace of hiring wasn't enough to make a significant dent in the state's unemployment rate. The jobless rate last month fell to 11.9% from 12.1% in August, the California Employment Development Department said. That's still well above the national unemployment rate of 9.1%. The unemployment rate in Los Angeles County slid slightly to 12.4%, from 12.5% the previous month.
CALIFORNIA | LOCAL
July 15, 2009 | Richard Simon
Here's yet another result of the bad economy: California's congressional delegation is unlikely to grow and could even lose a seat after next year's census for the first time since stagecoach days. If the state loses a seat, it could weaken California's clout in Washington and reduce the amount of federal money flowing to the state. It could also set off a game of political musical chairs, forcing two incumbents to run against each other.
BUSINESS
May 15, 2011 | By Hugo Martín, Los Angeles Times
On a towering cliff overlooking the sun-sparkled shores of Carlsbad, Calif., Dawn Santos watched a squadron of pelicans fly past the campsite where she and her family were staying for four days of campfires, bike rides and splashing in the surf. "It's gorgeous," the Rancho Cucamonga mother of three marveled as the afternoon sky turned bright pink. Here at South Carlsbad State Beach in San Diego County, the Santos family took a break from work and school by renting a 26-foot trailer to enjoy one of California's most valuable economic assets — its outdoor riches.
BUSINESS
October 31, 2009 | Shane Goldmacher and W.J. Hennigan
Starting Sunday, cash-strapped California will dig deeper into the pocketbooks of wage earners -- holding back 10% more than it already does in state income taxes just as the biggest shopping season of the year kicks into gear. Technically, it's not a tax increase, even though it may feel like one when your next paycheck arrives. As part of a bundle of budget patches adopted in the summer, the state is taking more money now in withholding, even though workers' annual tax bills won't change.
BUSINESS
August 5, 2009 | Times Wire Reports
The office vacancy rate in Silicon Valley rose to the highest in more than four years in the second quarter as technology firms cut jobs in the recession, according to commercial brokerage Studley. Vacancies in the market that includes Palo Alto, Santa Clara, San Jose, Sunnyvale and Mountain View climbed to 20% from 11.7% a year earlier, Studley said. "The recession hit very late and very swiftly," said Stephen Levy, director of the Center for the Continuing Study of the California Economy in Palo Alto.
BUSINESS
October 22, 2011 | By Marc Lifsher, Los Angeles Times
California employers added nearly 12,000 jobs in September, the second straight month of employment growth. But the pace of hiring wasn't enough to make a significant dent in the state's unemployment rate. The jobless rate last month fell to 11.9% from 12.1% in August, the California Employment Development Department said. That's still well above the national unemployment rate of 9.1%. The unemployment rate in Los Angeles County slid slightly to 12.4%, from 12.5% the previous month.
BUSINESS
May 15, 2011 | By Hugo Martín, Los Angeles Times
On a towering cliff overlooking the sun-sparkled shores of Carlsbad, Calif., Dawn Santos watched a squadron of pelicans fly past the campsite where she and her family were staying for four days of campfires, bike rides and splashing in the surf. "It's gorgeous," the Rancho Cucamonga mother of three marveled as the afternoon sky turned bright pink. Here at South Carlsbad State Beach in San Diego County, the Santos family took a break from work and school by renting a 26-foot trailer to enjoy one of California's most valuable economic assets — its outdoor riches.
CALIFORNIA | LOCAL
July 15, 2009 | Richard Simon
Here's yet another result of the bad economy: California's congressional delegation is unlikely to grow and could even lose a seat after next year's census for the first time since stagecoach days. If the state loses a seat, it could weaken California's clout in Washington and reduce the amount of federal money flowing to the state. It could also set off a game of political musical chairs, forcing two incumbents to run against each other.
BUSINESS
May 21, 1986 | NANCY YOSHIHARA, Times Staff Writer
California's major urban counties such as Los Angeles and San Francisco are emerging once again as centers of population growth, a development that is expected to help sustain the current surge in housing demand and construction, according to a study released Tuesday.
BUSINESS
March 11, 2010 | By Alana Semuels
For many California areas, unemployment rates moved persistently higher in January, indicating that the national economic recovery hasn't yet translated into jobs for the Golden State. New county-by-county figures released by the state Wednesday showed that in eight counties, more than 1 in 5 people were out of work. Moreover, revised numbers for last year show that fewer people were employed than was previously believed. The state was one of five, along with Florida, Georgia, North Carolina and South Carolina, that reached their highest unemployment rates since the government began keeping track in 1976, according to the Bureau of Labor Statistics.
Los Angeles Times Articles
|