| Dec 20, 2013
| 11:05 AM
California employers added a net 44,300 jobs in November, posting strong job growth toward the end of the year, according to data from the state’s Employment Development Department.
The surge in hiring was largely in retail trade, part of the...
| Jan 23, 2014
| 7:33 AM
WASHINGTON -- Initial jobless claims held roughly steady last week at nearly a two-month low, pointing toward moderate labor market growth, federal officials said Thursday.
There were 326,000 people who filed for first-time unemployment benefits in the...
| Jan 2, 2014
A friend recently got stuck when he tried to explain to his son, who was struggling to find a job, how our economy got to be the way it is. He asked my help since I am a well-known crank on the matter. I offered him three short anecdotes:
| Nov 7, 2013
| 6:15 AM
WASHINGTON -- Initial jobless claims dropped for the fourth straight week after spiking because of the partial federal government shutdown, the Labor Department said Thursday.
About 336,000 people filed for unemployment benefits for the first time...
| Nov 14, 2013
| 6:35 AM
WASHINGTON -- Initial jobless claims were higher than expected last week at 339,000 and figures for the previous week were revised upward, the Labor Department said Thursday.
Economists had expected the number of people filing for first-time...
| Aug 19, 2013
| 11:36 AM
The largest online real estate information site, Zillow Inc., said Monday it will purchase rival website StreetEasy for $50 million to gain an edge in the New York housing market.
The acquisition will allow Zillow to tap into StreetEasy's 1.2 million...
| Dec 11, 2013
Here's what counts as success in Washington these days: a budget deal that almost everyone hates and that doesn't solve any of the country's major problems.
The spending bill that Sen. Patty Murray (D-Wash.) and Rep. Paul D. Ryan (R-Wis.) unveiled...
| Sep 29, 2013
News came last month that the Obama administration, following the lead of British Prime Minister David Cameron and his government's so-called Nudge Unit, is recruiting behavioral scientists to help shape regulatory policy. Nudges are ways of offering...
| Nov 5, 2013
| 9:19 AM
A report released Tuesday by the National Employment Law Project blames chronic underfunding by the federal government for problems with states' unemployment insurance programs that include extensive backlogs and outdated, unreliable systems.
| Sep 27, 2013
| 8:40 AM
More than two days after the state's top labor official ordered all delayed unemployment benefits payments to be issued immediately, some Californians have yet to see their money posted to their bank accounts.
Some 124,000 Californians were expecting...
| Nov 15, 2013
| 8:30 AM
Warren Buffett's Berkshire Hathaway bought a $3.45-billion stake in Exxon Mobil in the third quarter, the company's largest investment since it invested $10.7 billion in IBM two years ago, according to a regulatory filing late Thursday.