JOBS

EMPLOYMENT NEWS

  • Beating expectations, U.S. employers add 228,000 jobs; unemployment rate stays at 4.1%

    Beating expectations, U.S. employers add 228,000 jobs; unemployment rate stays at 4.1%

    Another month of strong job growth showed that the U.S. economy is lifting more workers left out of the recovery and heading into next year with solid momentum, even as there are lingering uncertainties about the outlook for wages and inflation. Employers added 228,000 net new jobs in November,...

  • Job growth expected to keep slowing in California

    Job growth expected to keep slowing in California

    California’s economic engine has slowed somewhat in 2017 and that’s expected to continue in coming years as employers have trouble finding workers in the expensive state, according to a new report. The latest UCLA Anderson Forecast, released Wednesday, calls for job growth of 1.8% by year’s end,...

  • Why James Murdoch could be angling for a top job at Disney

    Why James Murdoch could be angling for a top job at Disney

    Could James Murdoch soon be in the running to succeed Robert Iger? That's one of several intriguing scenarios that could be at play as talks between 21st Century Fox and Walt Disney Co. gain momentum, according to two executives close to the process who were not authorized to discuss the situation....

  • Tech stocks drop steeply, offsetting bank and healthcare shares' rise

    Tech stocks drop steeply, offsetting bank and healthcare shares' rise

    A steep slide in big technology companies pulled the major U.S. stock indexes mostly lower Wednesday, offsetting strength in banks and healthcare and erasing some of the gains the market made a day earlier. The tech-heavy Nasdaq composite, which is the best-performing index this year, had its biggest...

  • ESPN laying off 150 employees in another round of cuts

    ESPN laying off 150 employees in another round of cuts

    ESPN is laying off about 150 employees, including people who work in studio production, digital content and technology, the sports company said Wednesday. The cuts, which are the latest sign of the financial pressures the Bristol, Conn.-based operation faces, follow a round of layoffs in April...

EDITION: California | U.S. & World
49°