01/06/2025

News

Teamsters Strike, Allege Wage Theft

Truck drivers who work at the ports of Los Angeles and Long Beach walked off the job Thursday to protest two trucking firms they accuse of wage theft, according to the International Brotherhood of Teamsters, which organized the action.

Read More

Third of Part-Time Workers Would Rather Work Full-Time

Full-time, permanent employment is getting closer to pre-recession levels, but part-time workers are still struggling to find full-time jobs, according to a new survey from CareerBuilder.

The study found 32 percent of part-time workers say they want to work full time but haven’t been able to land a full-time job.

Of those, 31 percent say they are the sole breadwinner in their household, and 39 percent say they struggle to make ends meet financially. One in four part-time workers who want full-time jobs said they currently work two or more jobs.

Read More

Nurses Strike is Part of Larger Labor Push

A strike during the past two days by 18,000 nurses at Kaiser Permanente facilities in northern and central California, including three major Sacramento-area hospitals, was the latest salvo by a powerful union that says it is intent on improving the lot of nurses nationwide.

Slow website
Read More

Payrolls Climb and Unemployment Falls, but Economic Unease Lingers

U.S. payrolls grew modestly in October but the unemployment rate fell and wages edged up, signs the labor market is strengthening.

Nonfarm payrolls grew a seasonally adjusted 214,000 last month, the Labor Department said Friday. Since the start of the year, employers have added more than 220,000 workers on average each month, a pace last consistently maintained nearly a decade ago.

The unemployment rate, obtained from a separate survey of households, fell to 5.8% last month. That’s the lowest level since 2008

Site has paywall
Read More

Accelerating US Advanced Manufacturing

The final AMP report makes recommendations addressing three key pillars that support American manufacturing: 1) enabling innovation, 2) securing the talent pipeline, and 3) improving the business climate.

Research & Studies
Read More

“Skills Gap” Threatening to Impede Economic Growth in California

Filling skilled trades jobs — electricians, carpenters, plumbers and others — seems to be easier for organizations if they’re based outside California, according to the survey. Employers inside the state had trouble placing full-time educators such as teachers and professors, as well as scientists, engineers, managers, executives and computer specialists.

Read More

Google Seals Massive Sunnyvale, Redwood City Deals

Google Inc. has cemented a pair of massive real estate deals in Sunnyvale and Redwood City that boost the company’s Silicon Valley footprint by 2.8 million square feet – about the size of the Empire State Building and enough room for more than 10,000 workers.

Read More

California’s Need for Skilled Workers

If recent trends continue, California is likely to face a shortage of workers with some college education but less than a bachelor’s degree by 2025. State and federal policymakers have increased their focus on boosting educational opportunities for this segment of the workforce. This report examines labor market outcomes among workers with some college training to shed light on the types of jobs that hold the most promise for future workers and the state economy.

Read More

Business Economists Report Solid but Slowing Growth in Third Quarter

Business economists reported solid but slowing growth at their companies over the summer as gauges of sales, hiring and profit margins fell slightly from the second quarter, according to survey results released Monday..

Read More

Union Demands Driving Railcar Jobs Out of California, Japanese Firm Says

Kinkisharyo International of Osaka said it is now looking at factory sites outside California, saying pressure from organized labor has made it difficult to do business in the state. Union officials and activists, however, argue they are simply trying to hold the company to environmental rules it should be following.

Read More

Fits and Starts: Central Valley Economy Beginning to Bounce Back

As brutal as the Central Valley economy has fared over the last several years, it’s starting to bounce back.

Read More

California Unemployment Rate Drops to 7.3% in September

California’s unemployment rate dropped to 7.3% in September — the lowest in more than six years — though the total number of jobs declined by 9,800 last month, according to state data.

Read More

Skills Gap Means Missed Opportunity for Workers with Some College Experience

In the next decade, the state will have to fill a projected gap of more than 1.5 million skilled workers with “some college” experience. In a recent report issued by the Public Policy Institute of California titled, “California’s Need for Skilled Workers,” those workers are defined as people who have some post-secondary education, such as a vocational certificate, an Associate’s degree or who have attended some college, but not received their Bachelor’s, 

Read More

Beige Book – October 15, 2014

Economic activity in the Twelfth District continued to improve moderately during the reporting period of mid-August through late September. Overall price and wage inflation remained modest. Retail sales grew slightly, and demand for business and consumer services increased moderately. Overall manufacturing activity picked up, while agricultural conditions were mixed. Real estate activity advanced, but growth in the residential sector varied across the District. Loan demand increased moderately.

Research & Studies
Read More

High Tech in LA

Los Angeles has long been the center of technology and innovation, with the nexus of its signature aerospace and entertainment industries inexorably shattering successive frontiers of knowledge and imagination.

Read More