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Fed's Dudley says decision on stimulus pullback still months away
WASHINGTON — A top Federal Reserve official said Wednesday that a decision on reducing the central bank's unprecedented economic stimulus efforts still is three to four months away as policymakers first must determine if the recovery is strong...
Tags: U.S. Congress, Federal Reserve, Ben Bernanke, Central Bank, Jamie Dimon
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Bernanke warns against scaling back Fed stimulus too soon
WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke said Wednesday that the central bank could start scaling back its stimulus program in the next few months, but warned against acting too quickly and harming the still-weak economic recovery. The key...
Tags: Career and Workplace, U.S. Congress, Federal Reserve, Ben Bernanke, Finance
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Higher consumer spending will offset sequester cuts, economists say
WASHINGTON -- Consumers will help keep economic growth on track this year, as new projections of their spending indicate it will offset the hit to the recovery from the federal government's automatic budget cuts, a panel of economists said Monday. The...
Tags: Economic Indicator, National Government, Politics, Consumers, Government
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California jobless rate falls to 9%
No one ever said the economic recovery would be pretty. California eked out more growth in April as employers added 10,400 jobs, bringing the net total added over the year to 273,000. The state's unemployment rate dropped to 9% from 9.4% the month...
Tags: Career and Workplace, Consumer Confidence, Restaurant and Catering Industry, Morgan Stanley Dean Witter & Company, Unemployment
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Unemployment rate falls, but hiring slows in California and L.A.
After a few robust months, the pace of hiring in California slowed in April as employers concerned about the economy cut back on adding new employees. In a month in which the nation added 165,000 net new jobs, the Golden State gained just 10,400...
Tags: Career and Workplace, Consumer Confidence, Unemployment, Employment Opportunities, Walmart
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California Latinos face stark workforce training gap, study says
With community colleges turning students away for lack of available slots, Latinos are projected to face disproportionately higher workforce training gaps, a study released Friday found. That means lower wages over the lifetime of an estimated 840,000...
Tags: Corinthian Colleges Inc., Colleges and Universities, Social Issues
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California's unemployment rate drops to 9%
California’s pace of job creation slowed in April, as employers added 10,300 jobs in April, nevertheless pushing the state’s unemployment rate down to 9% from 9.4% the month before. Employers had added twice as many jobs in March as they did...
Tags: Career and Workplace, Unemployment, Productivity, Employment Opportunities, Employment
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Debate over amnesty looms over efforts to reform immigration laws
In 1986, lawmakers decided the problem of illegal immigration had to be dealt with. More than 3 million people were living in the United States after crossing the border illegally or overstaying their visas. A new law signed by President Ronald Reagan...
Tags: Crime, Law and Justice, Barack Obama, Immigration Reform Legislation (2013), Migration, Cornell University
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California's jobless hotline hours slashed
SACRAMENTO — Want help from the state getting unemployment benefits? Don't call after noon. Because of federal budget cuts, the California Employment Development Department has told its call center workers not to answer its benefits hotline...
Tags: Career and Workplace, Insurance, Unemployment, Unemployment Benefits, Media Industry
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Eurozone recession continues
WASHINGTON — Europe's recession stretched into the first three months of the year, making it the single-currency region's longest downturn and raising concerns about its effect on the U.S. recovery. The 17-nation Eurozone economy contracted 0.2%...
Tags: Morgan Stanley Dean Witter & Company, European Central Bank, Finance, Money and Monetary Policy, European Union
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Consumer prices fall 0.4% on cheaper gas
A sharp fall in the cost of gas drove a measure of U.S. consumer prices down last month by the most since December 2008. Outside the drop in fuel costs, prices were largely unchanged. The consumer price index fell 0.4 percent in April from March, the...Tags: Consumer Confidence, AAA, Federal Reserve, Finance, Productivity
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Initial jobless claims jump to 360,000, most since March
WASHINGTON -- Initial jobless claims unexpectedly jumped to a six-week high of 360,000 last week after declining to a post-recession low this month, the Labor Department said Thursday. The number of people filing for the first-time for unemployment...
Tags: Economic Indicator, Career and Workplace, Easter, Unemployment Rate, Unemployment Benefits
May 22, 2013
|Story| Los Angeles Times
May 22, 2013
|Story| Los Angeles Times
May 20, 2013
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May 17, 2013
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May 17, 2013
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May 17, 2013
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May 17, 2013
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May 12, 2013
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May 17, 2013
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May 16, 2013
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May 16, 2013
|Story| AP Member Choice Complete
May 16, 2013
|Story| Los Angeles Times
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