Keyword: calemployment
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California Unemployment Report Fosters Doubts On Recovery The addition of 28,300 jobs in May mostly represents temporary census positions, adding to fears that the state's climb out of the recession will take longer than expected. Alana Semuels June 18, 2010 California added 28,300 jobs to its payrolls in May, but many were temporary government jobs, adding to fears that the economic recovery will be even more sluggish than originally anticipated. The state added 30,000 federal government jobs in the month, according to the Employment Development Department. Many of them were census jobs. The manufacturing, information and professional and business services...
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Californians saw their incomes decline 0.8% in the first quarter, reports the U.S. Bureau of Labor Statistics. It was the second consecutive quarter Californians saw less money in their pockets. In the last three months of 2008 incomes fell 1.3%. BLS analysts attribute the overall drop to job losses, lower interest rates, and smaller corporate dividend payments. The decline was moderated by rising unemployment insurance benefits for laid off workers, cost of living adjustments for retirees, and pay raises for government employees. In terms of sectors, Californians in farming took the biggest hit, with personal income down 20.76%. Construction workers...
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California’s record unemployment more than doubled the cost of monthly benefits being paid in the last year to $1.6 billion in April, reports the state Employment Development Department. Payments were $1.5 billion in March. California’s unemployment insurance payments now range from $65 to $475 a week. With all these programs combined, the state is now paying about $77 million a day in unemployment insurance, says Loree Levy, an EDD spokeswoman.
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It looks like California's economy is trying hard to make a comeback. The day after a study revealed the housing market in Northern California is seeing the light, new numbers show the state's unemployment rate also might be emerging from the darkest days of the recession. California's unemployment rate dropped slightly from last month's modern record, falling to 11 percent in April. The state Employment Development Department says the jobless rate fell from 11.2 percent in March. But it is up from just 6.6 percent a year ago. The news comes as the national unemployment rate continues to rise, increasing...
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WASHINGTON (AP) — Forty-four states lost jobs in April, led by California where employers slashed 63,700 positions, as the recession took a further toll on U.S. workers. Trailing California in over-the-month job losses were: Texas, which saw 39,500 jobs vanish; Michigan, which lost 38,400 jobs; and Ohio, where payrolls fell 25,200, according to a U.S. Labor Department report issued Friday. California's unemployment rate dipped to 11 percent last month, fifth-highest in the country. Michigan's jobless rate was the highest at 12.9 percent, followed by Oregon at 12 percent, South Carolina at 11.5 percent and Rhode Island at 11.1 percent. As...
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Gov. Arnold Schwarzenegger will direct his administration to send 5,000 layoff notices to state workers Friday, according to a source familiar with the governor's budget plan. The Republican governor plans to eliminate 5,000 workers by the end of June, ..
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Use prohibited so go to link but the same thing was in WSJ this morning and other sources so the title is not copyright violation.
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Unemployment in California may be at its highest since 1983, but there are jobs with the state Legislature for the well-connected. Yolie Flores Aguilar, a longtime friend and political ally of some powerful California Democrats, last year supplemented her income as vice president of the Los Angeles school board with more than $32,000 as a consultant assigned to a state Senate committee that, during her tenure, did not meet or release any reports. State Sen. Rod Wright (D-Inglewood) was paid at least $27,900 by the state Senate last year for miscellaneous tasks as he was campaigning for his current job....
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Reporting from Sacramento -- Close to half a million jobless Californians are in line to get $3 billion in extended unemployment benefits from new legislation that could be signed into law by Gov. Arnold Schwarzenegger as early as Friday. The money, part of President Obama's economic stimulus program, will be an immediate help to 76,000 people, whose current benefits were scheduled to run out on April 11. They'll now get an additional 20 weeks of assistance, increasing the total number available to a maximum of 79 weeks. Weekly unemployment benefits range between $65 and $475, depending on a person's earnings...
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State jobless rate at 25-year high Tom Abate, Chronicle Staff Writer Friday, March 20, 2009 SAN FRANCISCO -- The state unemployment rate jumped to 10.5 percent in February, a level not seen since 1983, as employers cut 116,000 payroll jobs in an economic slide that has left 1.95 million Californians out of work. The U.S. unemployment rate for February was 8.1 percent. During the Great Depression unemployment was reckoned as high as 25 percent. The Bay Area job market continued to fare slightly better than the state average but there was considerable variation among the region's three major metropolitan areas....
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SACRAMENTO — California's jobless rate climbed to 10.5 percent in February, the second month of double-digit unemployment. ... Sharp declines in construction, manufacturing, finance, trade, transportation, professional services, leisure, health and education are blamed for the losses. ... The state has lost more than 600,000 jobs since February 2008, a 4 percent drop.
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After steep January cuts, more than 1 in 10 Californians is out of work. It's even worse in L.A. County. Unemployment in California shot up to its highest level in nearly 26 years in January, leaving more than 1 in 10 workers without a job. Figures released Friday show that 79,300 jobs were lost in the state last month, bringing the total number of unemployed to 1,863,000, or 10.1% of the workforce. That's the highest since the rate touched 10.4% in 1983. Conditions are even worse in Los Angeles County, which saw its unemployment rate jump to 10.5% in January...
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California's unemployment rate jumped to 10.1% in January, the highest since 1983, as employers in the nation's most-populous state cut 79,000 jobs in the month. Meanwhile, Gov. Arnold Schwarzenegger on Friday declared a state of emergency to address California's third-straight year of drought, ordering officials to take steps to reduce urban water consumption and to expedite water transfers throughout the state. The jobless rate, released Friday by the state's Employment Development Department, is up from a revised figure of 8.7% for December 2008. The national rate for January was 7.6%. There were 3.3% fewer jobs in California than a year...
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Gov. Arnold Schwarzenegger is looking for a few good workers. A few thousand. Despite his stump speeches about curbing government spending, the state has added 4,983 full-time government jobs this fiscal year. And the Schwarzenegger administration proposes creating 6,288 jobs in the fiscal year that starts Friday, adding up to a net gain of more than 11, 000 full-time jobs in two years, Department of Finance documents show. Overall, Schwarzenegger's budget calls for 329,045 positions next year, up 3.5 percent from two years ago. Lawmakers are scheduled to vote today on a budget that Democratic backers say closely mirrors Schwarzenegger's...
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