California could face a sharp decline in job growth by the end of this year as the state grapples with a moderate recession, according to top economists at Chapman University. In its latest bi-annual economic forecast released June 22, the school forecast job growth in the state to drop to 1.3 percent by December, compared…
California Could See Sharp Drop in Job Growth, Moderate Recession by 2024: Chapman Forecast
June 26, 2023
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Texas Posts Record Rise in Total Job Gains With Fastest Annual Job Growth in the Nation
November 21, 2022
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Texas broke its all-time record for total job gains last month, with the fastest annual jobs growth rate in the United States. Job gains in the state accelerated non-stop over a 12-month period between October 2021 and October 2022, to 5.4 percent, according to new data from the Texas Workforce Commission and the U.S. Bureau of…
Anomaly in Employment Statistics Grows: How Many Americans Actually Work?
Over the past four months an unusual phenomenon has emerged: When surveyed by the government, employers reported they have been rapidly adding people to their payrolls. But when government surveyors asked Americans, fewer said they actually work. The discrepancy between those two survey results has grown to a magnitude virtually unseen for more than half…
US Job Growth Beats Expectations in February, Unemployment Falls
The Bureau of Labor Statistics released its closely watched monthly labor report on Thursday, indicating that non-farm payrolls rose by 678,000 in February, surpassing expectations and reducing unemployment to a nearly two-year low of 3.8 percent. The Employment Situation Summary comes hot on the heels of the monthly payroll report by ADP, which indicated a…
Florida Reports 18 Consecutive Months of Private Sector Job Growth and 12 Consecutive Months of Labor Force Increases
November 22, 2021
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Florida has reported 18 consecutive months of private-sector job growth, the office of Republican Gov. Ron DeSantis announced on Friday. The sunshine state continues to make economic progress, with more job growth, labor force increases, and a decline in the unemployment rate, owing in part to its “successful policies that put Floridians and businesses first,” the…
Florida Jobs Grow at Three Times US Rate, Report Shows
Jobs in Florida are growing much faster than the national rate, according to a September employment report. The office of Gov. Ron DeSantis (R) estimated the job growth at three times that of the nation. Florida has recorded 17 months of continued private-sector job growth. The Sunshine State gained 84,500 jobs in September, with 73,000…
Brazil’s Formal Job Growth in 2021 Tops One Million
BRASILIA—Job growth in Brazil accelerated sharply in May, official figures showed on Thursday, with formal jobs created almost double the consensus estimate to lift the total number of new positions opened this year above one million. That marks the strongest pace of job growth since 2010, both for the month of May and the first…
California Cities Rankings drop due to Housing Costs
May 14, 2021
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Commentary Three California regions were among 10 throughout the nation that fell most significantly in a recent ranking of 200 large metropolitan areas. The areas around Salinas, Santa Cruz and Oakland were among the regions that plunged furthest in The Milken Institute’s annual report. The “wooden spoon” went to Salinas in the central agricultural valley,…
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