The Los Angeles Department of Water and Power is cutting its budget more than $400 million by imposing a hiring freeze, reducing nonessential training and eliminating take-home vehicles for executives.
While jobs are still scarce in the public sector — because governments are basically going broke — the private sector appears to be ramping up hiring.
After 96,500 jobs were created in February — with roughly half of the job increases coming nationally — California’s unemployment rate slid to 12.2 percent.
The unemployment rate fell or held steady in 40 states in January, the latest sign that hiring is strengthening throughout the country.
Officials say decreases in homicides in the Compton Station area are among the most notable successes in the annual report.
Officials say California’s unemployment rate remained steady at 12.4 percent over the past month.
University of California students clashed with police outside a meeting of the UC Board of Regents, which is scheduled to vote on another tuition increase.
A new state report shows 67.5 percent of California prison inmates who were paroled in 2005-06 returned to prison within three years.
The foreclosure crisis intensified across a majority of large U.S. metropolitan areas this summer, with Chicago and Seattle — cities outside of the states that have shouldered the worst of the housing downturn — seeing a sharp increase in foreclosure warnings.
Unemployment may have stabilized in September, but a CBS “60 Minutes” report says new data paints a much gloomier picture of the state’s job market.
A new study finds that most students seeking degrees at California’s community colleges never get them.
After decades of financial prosperity for a nation that served as the economic engine of the world, a new survey says more than half of Americans are losing hope of ever achieving the success of previous generations.
The U.S. jobless rate has now topped 9.5 percent for 14 straight months, the longest stretch since the 1930s, with most people knowing someone who does not have full-time employment.