The Insurance Industry’s IMPACT on California’s Economy
The insurance industry has provided over 210,00 jobs in 2010 and provided a payroll that totaled $14.9 billion, just in California!
News
Wells Fargo Cuts 2,300 Jobs as Higher Rates Hurt Mortgage Lending
Wells Fargo is cutting staff as higher rates cool residential mortgage lending, which has been on a tear in recent years.
California’s Insurance Companies Document Their IMPACT on California’s Economy and Communities
The insurance industry has provided over 210,00 jobs in 2010 and provided a payroll that totaled $14.9 billion, just in California!
JPMorgan Chae Cuts 245 OC Jobs
Company: JPMorgan ChaseCA Net Job Gain/Loss: -245Reason: LayoffCity/Region Losing Jobs: Irvine, CA
JPMorgan Chase to Lay Off 730 in San Diego
Company: JPMorgan ChaseCA Net Job Gain/Loss: -730Reason: LayoffCity/Region Losing Jobs: San Diego, CA
Over 500 Bank of America Workers to Be Laid Off at Fresno Call Center
Company: Bank of AmericaCA Net Job Gain/Loss: -543Reason: LayoffCity/Region Losing Jobs: Fresno, CA
United Health to Exit Individual Insurance Market in California
The nation’s largest health insurer, UnitedHealth Group Inc., is leaving California’s individual health insurance market, the second major company to exit in advance of major changes under the Affordable Care Act.
Sacramento Gains 200 New Jobs in Mortgage Industry
Company: PennyMac Loan ServicesCA Net Job Gain/Loss: 200Reason: ExpandCity/Region Gaining Jobs: Sacramento, CA
Late-payment rate on mortgages tumbles in 1Q
LOS ANGELES (AP) — A resurgent housing market, rising home values and steady job gains are helping more U.S. homeowners stay on top of their mortgage payments.
Clear Capital Hiring for 50 Jobs in Roseville
Company: Clear CapitalCA Net Job Gain/Loss: 50Reason: ExpandCity/Region Gaining Jobs: Roseville, CANotes: Company also adding 30 positions in Truckee and in Texas
Number Of Homes Entering Foreclosure Plunges in California
The number of California homes entering foreclosure plunged in the first quarter, the result of an improving economy, rising home prices and strict new state regulations on lenders.
Honda Center Layoffs Could Mean Tax Credits for Company
Company: Aramark/Anaheim Arena ManagementCA Net Job Gain/Loss: 500Reason: ExpandCity/Region Gaining Jobs: Anaheim, CA
Hundreds of Honda Center Workers Receive Layoff Notice
Company: Aramark/Anaheim Arena ManagementCA Net Job Gain/Loss: -400Reason: LayoffCity/Region Losing Jobs: Anaheim, CA
Venture-Capital Funding Drops Sharply In Southern California
Southern California is a hotbed of young and innovative companies, but you wouldn’t know it by following the money.
Insurance Exchange Bringing Call Center, 500 Jobs To Fresno
Covered California — the state’s new health insurance exchange created as part of the federal health care law — announced Fresno will be the site of one of its three future call centers, creating almost 500 jobs. The center is scheduled to open in the fall with a location to be announced soon.