Topic: Unemployment
News
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.

News
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.

News
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. "
News
March 10, 2017
The pace of job creation remained robust in February, with payrolls rising by a seasonally adjusted 235,000 new jobs, the Labor Department said.
News
March 3, 2017
Santa Clara County lost 3,500 jobs while the Alameda County-Contra Costa County area lost 900 jobs in January compared to December, seasonally adjusted figures from the Employment Development Department show. The San Francisco-San Mateo region managed a gain of only a paltry 400 jobs.
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