March 24, 2017
California's unemployment rate fell to 5 percent in February as the state's employers added 22,900 nonfarm payroll jobs.
The state Employment Development Department said Friday that last month's rate was a drop from a revised 5.2 percent in January.
March 23, 2017
When the Brookings Institution’s Brown Center on Education Policy surveyed foreign exchange students studying in the U.S. in 2001, it found that they thought that American education was a cake walk compared to secondary education in their home countries. And when it conducted the survey again in 2016, it found that exchange students thought that U.S. education was even less challenging than before.
March 20, 2017
The U.S. unemployment rate fell to a very low level at the end of 2016, raising the question of whether the labor market has become too tight. After applying a new method to adjust for demographic changes in the labor force, the current unemployment rate is still 0.3 to 0.4 percentage point higher than at past labor market peaks. This indicates that the labor market may not be quite as tight as the headline unemployment rate suggests.
March 17, 2017
A growing tech industry is often considered the ultimate sign of a healthy local economy. By that measure, the Bay Area still stands at the top of the heap in the United States, but our survey of the metropolitan areas with the strongest tech job growth turns up some surprising places not usually thought of as tech meccas.
March 16, 2017
"In January, the number of Americans quitting their jobs rose to a seasonally-adjusted total of 3.22 million, the highest number since February 2001. The quits rate rose in January to 2.2%.
People quitting their jobs in droves is seen as a sign of confidence among workers, as folks are unlikely to quit a job unless they are confident they can get another one.