| Nov 8, 2013
| 5:44 AM
WASHINGTON — The U.S. economy added 204,000 jobs in October, an unexpected burst of hiring during a month in which the federal government was partially shut down for 16 days.
The Labor Department said Friday that the unemployment rate rose to 7.3...
| Oct 17, 2013
| 8:54 AM
WASHINGTON -- The federal government is open again. But it will take more than unlocking the doors, flipping the lights back on and turning on the panda cam before it’s business as usual.
Thousands of federal workers returned to their jobs...
| Nov 6, 2013
| 6:46 AM
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...
| Nov 6, 2013
| 3:00 AM
WASHINGTON — While a team of techies tries to reboot the broken federal insurance website, President Obama is trying to retool efforts to promote the flailing healthcare law.
The flawed launch of the new online marketplaces has forced Obama to...
| Nov 4, 2013
| 9:01 AM
Kellogg Co. on Monday reported third-quarter net sales of $3.7 billion and also announced a four-year plan to cut costs that will include reducing its global work force by 7%, or about 2,000 jobs.
Though the company largely met earnings expectations,...
| Oct 31, 2013
| 11:56 AM
Irwindale officials said they still hope to persuade a judge to shut down a Sriracha hot-sauce factory until complaints of a spicy smell wafting from the factory can be resolved.
"We're still pursuing this," Irwindale City Atty. Fred Galante said. "This...
| Oct 31, 2013
| 6:19 AM
WASHINGTON -- Initial jobless claims fell for the third straight week as furloughed federal employees returned to work and the effects of the government shutdown abated, the Labor Department said Thursday.
There were 340,000 people who filed for first-...
| Oct 28, 2013
| 5:02 PM
Ignoring pressure from organized labor, Los Angeles Mayor Eric Garcetti has decided to retain a top budget official who recommended layoffs and cuts in pension benefits for new hires during the city's fiscal crisis.
Miguel Santana, who reports to both...
| Oct 24, 2013
| 6:21 PM
NEW YORK — Bank of America Corp. is slashing 1,200 jobs in its mortgage division as the company's refinancing business slows amid rising interest rates.
The Charlotte, N.C.-based bank made the cuts this week, a BofA representative said. The jobs...
| Oct 23, 2013
| 2:37 PM
99 Cents Only Stores Inc. has laid off about 160 workers as the company sought to streamline costs and stay competitive.
No stores will be closed and no employers or managers at any of the chain's 332 stores were affected in Tuesday's move, according to...
| Oct 22, 2013
| 5:42 PM
WASHINGTON — The job market weakened in September amid a slowdown in key growth engines such as healthcare and leisure — a worrisome sign given that the employment picture probably worsened this month with the partial federal government...