Topic: Unemployment
News
March 3, 2017
The current job creation rate is “miserable,” said Chapman University economist Raymond Sfeir, adding that the number of Orange County residents who were employed in January was only 3,100 more than a year earlier, according to the U.S. Census Bureau’s household survey.
News
March 3, 2017
"California’s job growth continued its sluggish pace in January, although the Golden State’s unemployment rate did fall a tenth of a percentage point to 5.1 percent. The state Employment Development Department’s monthly report, released Friday, said California added 9,700 jobs in January."
News
March 3, 2017
L.A. County employers shed 78,700 jobs in January, fueled primarily by a steep decline in seasonal retail positions that were eliminated at the end of the holiday shopping season.. . . The Inland Empire weathered a decline of 19,900 jobs in January, a sharp contrast to the 9,600 that were added the previous month. The region’s jobless rate also shot up to 5.6 percent from 5.1 percent in December but it still landed below the year-ago rate of 5.9 percent.
News
Feb. 11, 2017

The technology industry’s job growth in the nine-county region has dramatically decelerated, according to this newspaper’s analysis of figures released by state labor officials and Beacon Economics. Tech’s annual job growth throttled back to 3.5 percent, or 26,700 new jobs, in 2016. That’s much slower than the 6 percent annual gain of 42,300 jobs in 2015, or the 6.4 percent gain in 2014.

And while the industry’s 3.5 percent growth last year is still a sturdy annual pace, Bay Area technology companies have already disclosed plans to slash about 2,000 jobs in the first three months of 2017.

News
Feb. 3, 2017
Employers added 227,000 jobs in January, the best gain since September, the Labor Department said Friday. That was significantly higher than last year’s average monthly gain of 187,000 jobs. . . the jobless rate—or the share of Americans in the labor force who are unemployed—rose to 4.8% from 4.7% a month earlier. More Americans came off the sidelines and actively looked for work. That helped to raise the count of unemployed but it could be a sign of increased optimism about the prospect of finding jobs.
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