Commentary The U.S. trade deficit hit an all-time high in March, reaching $74.4 billion, as Americans spent their stimulus checks on foreign-made goods but were limited in their ability to spend their money on nearby entertainment options such as restaurants, bars, amusement parks and sporting venues, many of which were still closed in March. The…
Port of Los Angeles Activity Reaches ‘Dizzying Pace’
May 5, 2021
admin
exportsimportsjobsOpinionPort of Los AngelesRegional-Local NewsSouthern CaliforniaU.S. economyU.S. trade deficitUSViewpoints
0 Comment
LA Mayor’s Job Creation Claim Raises Questions
April 30, 2021
admin
budgetemploymentEric GarcettijobsLAXLos Angeles Mayor Eric GarcettiPort of Los AngelesRegional-Local NewsSouthern CaliforniaState of the CityUSViewpoints
0 Comment
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…
California’s Job Market is Rebounding
April 20, 2021
admin
CaliforniaeconomyEDDjob prospectsjob reportjobsOpinionpandemicRegional-Local NewsSouthern Californiatop jobsunemploymentUS
0 Comment
Commentary California is getting to work and employers are looking to hire. The good comes from the California’s Employment Development Department’s (EDD) most recent data. California’s March unemployment rate shrank to 8.3 percent from 8.5 percent in February. Notably, this is still substantially above the 4.5 percent unemployment rate in March 2020, when the pandemic…
Unemployment Rate Drops in LA, Orange Counties
April 16, 2021
admin
CaliforniaEDDemploymentemployment trendsjob trendsjobsL.A. CountyOrange CountyRegional-Local NewsSouthern CaliforniaunemploymentUS
0 Comment
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…
San Pedro Port Largely Excluded From Biden’s Infrastructure Proposal
April 6, 2021
admin
cargoinfrastructure plansjobsLong Beach PortLos Angeles PortOpinionRegional-Local NewsSouthern CaliforniaUSUS President Joe BidenViewpoints
0 Comment
Commentary One out of 50 Americans derive their employment from the economic powerhouse at the combined ports of Los Angeles and Long Beach. Even so, less than one percent of the infrastructure spending proposed last week by President Joe Biden would be spent on all “inland waterways, coastal ports, land ports of entry, and ferries,”…
NTD Business Full Broadcast (April. 2)
The latest job report beating expectations, where is the job growth? and what are some of the headwinds for the labor market recovery? NTD talks to ZipRecruiter labor economist Julia Pollak. A new study raises concerns about the global semiconductor supply chain. It warns that production is too concentrated in certain regions. A video full…
Nokia to Cut up to 10,000 Jobs Over Next Two Years
STOCKHOLM—Nokia on Tuesday announced plans to cut up to 10,000 jobs within two years to trim costs and invest more in research capabilities, as the Finnish telecoms group seeks to step up its challenge to Sweden’s Ericsson and China’s Huawei. After taking over the top job last year, Chief Executive Pekka Lundmark has been making…
Huntington Beach Considers Spending $175K on Study of City Jobs
March 12, 2021
admin
budgetCity CouncilConsulting feesHuntington Beachjob marketjobsOrange CountyRegional-Local NewsSouthern CaliforniaUS
0 Comment
Huntington Beach city council is set to determine if it will spend $175,000 for a consultant to perform a “classification and compensation” study. The plan seeks to organize all of the city’s job descriptions into logical categories that would enable Huntington Beach to have a fair and effective merit-based employment system, according to a recent staff report. Council will vote…
US Adds a Strong 379,000 Jobs in Hopeful Sign for Economy
WASHINGTON—U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more, and states and cities ease business restrictions. The February gain marked a sharp pickup from the 166,000 jobs that were added in January and a loss…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`
Program Offers Glimmer of Job-Creating Success
Commentary A California-sponsored program to help companies fund employees has helped create 124,000 new jobs since the program began in 2013. Furthermore, the “multiplier effect” of those primary jobs led to about 1.7 times that amount in additional positions within the same geographic areas, totaling about 338,000 extra jobs. Through the California Competes Tax Credit…