Commentary California was named the third-strongest economy in the U.S. by WalletHub despite all the state’s metropolitan areas’ unemployment rates being among the worst in the country. Of the 27 California metropolitan areas tracked by the U.S. Census Bureau, all rank in the bottom half for employment. Within the state, Silicon Valley (San Jose-Sunnyvale-Santa Clara)…
California Named Third Top Economy in U.S., Unemployment Persists
June 14, 2021
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California Named 3rd Top Economy in US, Unemployment Persists
June 14, 2021
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Commentary California was named the third-strongest economy in the United States by WalletHub despite all the state’s metropolitan areas’ unemployment rates being among the worst in the country. Of the 27 California metropolitan areas tracked by the U.S. Census Bureau, all rank in the bottom half for employment. Within the state, Silicon Valley (San Jose-Sunnyvale-Santa…
LA Mayor’s Job Creation Claim Raises Questions
April 30, 2021
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Commentary About a week ago, on April 21, the Los Angeles mayor released his $11.23 billion budget proposal for the 2021-22 fiscal year. The night before, Mayor Eric Garcetti gave his State of the City speech, offering some rationale for his budget. He called it “a financial document … but also a roadmap,” providing a…
Sacked Woman Stands by View on Transgender Issues, Employment Appeals Panel Told
A woman who lost her job after claiming people cannot change their biological sex insists her views are a “material reality,” an employment appeal tribunal has heard. Maya Forstater’s contract was not renewed in March 2019 after she posted tweets opposing government proposals to reform the Gender Recognition Act to allow people to identify as…
Unemployment Rate Drops in LA, Orange Counties
April 16, 2021
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LOS ANGELES—Los Angeles County’s seasonally adjusted unemployment rate dipped to 11.3 percent in March, down from a revised 11.5 percent in February, according to figures released today by the state Employment Development Department. The 11.3 percent rate was still well above the pre-pandemic rate of 5.4 percent in March 2020. In Orange County, where seasonally…
Orange County Activists Celebrate Victory Against Affirmative Action
March 22, 2021
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As COVID-19 restrictions ease, members of an initiative to reject affirmative action in California gathered to celebrate their November victory fighting race-based preferences in the public sector. Proposition 16 would have allowed diversity to factor into public employment, education, and contracting decisions by amending the California Constitution to remove the current ban on affirmative action that prohibits the consideration of race, sex, ethnicity, and gender by…
Australian Manufacturing Sees Highest Monthly Uptick Since March 2018 After Virus Restrictions Lifted
Australian manufacturing has seen its highest monthly uptick since March 2018, with the Australian Industry Group’s manufacturing performance index (Australian PMI) increasing by 3.5 points to 58.8 in February following the lift of the CCP virus lockdowns across the board in the country. But the pandemic remains the industry’s top concern. Ai Group Chief Executive Innes Willox…
Federal Reserve Sees Modest Pickup in Hiring This Month
WASHINGTON—The Federal Reserve says there’s evidence that hiring has picked up in recent weeks, even as the job market remains badly damaged by the pandemic. In its semi-annual monetary policy report released on Feb. 19, the Fed said it’s been watching job data compiled by payroll processor ADP. The Fed has constructed its own measurement…
Orange County Launches Mobile Computer Lab for Job Seekers
February 9, 2021
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Orange County is hitting the streets with an initiative it hopes will more easily connect unemployed residents with jobs. The one-stop mobile unit, which debuted in Seal Beach Feb. 9, trains and educates job seekers in Orange County, servicing youth, adults, dislocated workers, and businesses. The Orange County Board of Supervisors partnered with the Orange County Development Board…
US to Return to Full Employment Next Year if Congress Passes $1.9 Trillion Relief Bill: Yellen
The United States will return to full employment in 2022 if President Joe Biden’s relief package is passed, Treasury Secretary Janet Yellen predicted Sunday. “I would expect that, if this package is passed, that we would get back to full employment next year,” Yellen said. Full employment refers to an economy in which the unemployment…
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