WASHINGTON — The Interior Department proposed new rules to regulate hydraulic fracturing for oil and gas on federal land Thursday, drawing criticism from environmentalists that it had weakened an earlier draft to placate industry.
California has proved to be a land of opportunity where hard work delivers prosperity and nurtures innovation. Its human capital has helped the state develop into the world’s ninth-largest economy, which attracts nearly half of the venture capital in the nation.
WASHINGTON — Initial jobless claims dropped last week to their lowest level in more than five years, countering recent signals that the economic recovery is slowing.
Elon Musk quips that it’s easier getting rockets into orbit than navigating his commute between home in Bel-Air and his Space Exploration Technologies factory in Hawthorne.
California’s labor market picked up steam last month, according to figures released Friday, as the state’s unemployment rate fell to 9.4% and employers added a net 25,500 jobs in March.
Southern California is a hotbed of young and innovative companies, but you wouldn’t know it by following the money.
SACRAMENTO — As Gov. Jerry Brown toured China over the last week, he repeatedly contrasted that nation’s speedy construction of modern transportation systems and other key public works with what he characterized as a lack of vision back home.
SACRAMENTO — A day after Gov. Jerry Brown said overhauling California’s environmental laws was unlikely this year, the leader of the state Senate said Wednesday the effort is very much alive in the Legislature and he thinks it can be accomplished by year’s end.
Company: Build Your DreamsCA Net Job Gain/Loss: Unknown ImpactReason: Expand, From Out of CountryCity/Region Losing Jobs: Shenzhen, ChinaCity/Region Gaining Jobs: Lancaster, CA
A growing education gap in California could diminish workers’ chances of finding jobs in the coming years, according to a study.
One figure in a new report neatly summarizes the potential pitfalls for Obamacare: 30.1%. That’s how much premiums could rise next year, on average, for the roughly 1.3 million moderate- and upper-income Californians who buy individual health insurance policies.
California’s labor market picked up last month, according to figures released Friday, as the state’s unemployment rate fell to 9.6% and employers added 41,200 jobs. Gains were mostly notched in the leisure and hospitality and government sectors, according to the data by the U.S. Bureau of Labor Statistics. January’s unemployment rate was 9.8%.
Proposed legislation to raise the state minimum wage could eliminate tens of thousands of jobs and harm the California economy, a small-business advocacy group said.
As California’s unemployment rate remains stuck at 9.8% in January, some counties in the Golden State reported jobless rates edging up slightly.
Los Angeles homebuilder KB Home, one of the largest production homebuilders in Southern California, narrowed its loss to $12.5 million in the first quarter as the outlook for new construction improved.