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Unemployment and Layoffs

A collection of news and information related to Unemployment and Layoffs published by this site and its partners.

Top Unemployment and Layoffs Articles

Displaying items 23-33
  • Superintendent's pay in South Bay district called 'excessive'

    Superintendent's pay in South Bay district called 'excessive'
    New York City Chancellor Carmen Farina oversees more than a million students, 1,700 schools and a budget the size of many states. Her pay: $412,193. Los Angeles Unified Supt. John Deasy has half a million students, 1,000-plus schools, a $7-billion...
  • Yellen says Fed's 'extraordinary commitment' still needed

    Yellen says Fed's 'extraordinary commitment' still needed
    WASHINGTON -- Federal Reserve Chairwoman Janet Yellen, saying the job market is far from normal, made clear Monday that the central bank remains committed to providing extraordinary support for the economy for some time to come. Yellen’s remarks...
  • Marketing mattresses: Behind the Sit 'n Sleep commercials [VIDEO]

    The commercials are a staple of Southern California culture: Sit 'n Sleep co-owner and co-founder Larry Miller promises to beat his competitors’ prices “or your mattress is freeeeeeee!” He goes on camera to squeal the slogan only...
  • Transit riders assail proposed Metro fare hike at public hearing

    Transit riders assail proposed Metro fare hike at public hearing
    During a packed and sometimes tense four-hour public hearing Saturday, Los Angeles County transportation officials heard a litany of complaints from transit riders who said a proposed Metro fare hike would strain the budgets of students and working-...
  • Senate advances unemployment benefits bill, but House GOP balks

    Senate advances unemployment benefits bill, but House GOP balks
    WASHINGTON -- A bipartisan agreement to restore unemployment insurance benefits for more than 2.2 million jobless Americans cleared a key Senate hurdle Thursday but faces continued opposition from Republicans in the House, making final passage uncertain....
  • Aerojet Rocketdyne to lay off about 150 workers in Canoga Park

    Aerojet Rocketdyne to lay off about 150 workers in Canoga Park
    About 150 employees at rocket engine maker Aerojet Rocketdyne in Canoga Park were told Wednesday that they would be laid off as part of a companywide reduction that the company says is related to last year's merger. Aerojet Rocketdyne was created by the...
  • Levi Strauss eliminating 800 jobs to cut costs

    Levi Strauss eliminating 800 jobs to cut costs
    Levi Strauss & Co., the San Francisco apparel company best known for its denim clothing, said it will remove 800 jobs as part of an effort to cut $175 million to $200 million in costs. The so-called global productivity initiative will roll out over...
  • Severance pay for laid-off workers is taxable, Supreme Court rules

     Severance pay for laid-off workers is taxable, Supreme Court rules
    The U.S. Supreme Court ruled in favor of the Obama administration in a dispute over taxes on severance compensation, overturning a lower court decision that could have forced the IRS to refund more than $1 billion. The court said that payments to laid-...
  • L.A. should trim bank and investment costs, group says

    L.A. should trim bank and investment costs, group says
    With city budget managers intent on limiting new spending and reining in employee benefits, a coalition of union and political groups is fighting back with a report that suggests Los Angeles City Hall is spending too much on Wall Street and not enough...
  • To spur job creation, bring on supply-side economics

     To spur job creation, bring on supply-side economics
    The Congressional Budget Office says unemployment won't drop to 5.5% — the benchmark for "full employment" — until 2024. That implies a 15-year recovery from the Great Recession (which officially ended in June 2009, when the economy started...
  • Spain's modern-day Robin Hood seeks to level the playing field

    Spain's modern-day Robin Hood seeks to level the playing field
    MARINALEDA, Spain — It was a sweltering summer day at the height of Spain's economic crisis when the longtime mayor of this hardscrabble village decided it was time to grab the nation's attention. Most other politicians were on vacation, which...