Company was one of several high-tech firms accused of agreeing to not recruit workers from other firms.
State reports that jobless rate fell a tenth of a point in February and now stands at 8 percent.
SACRAMENTO, Calif. (AP)—California’s jobless rate stalled at 9.8 percent this winter, with only a few new jobs created in January. The state’s Employment Development Department reported Tuesday that the unemployment rate remained unchanged in January and December November’s jobless rate was revised upward a tenth of a percentage point to 9.9 percent, when the rate […]
by Don Thompson, Associated Press SACRAMENTO, Calif. (AP) — California’s jobless rate dipped below 10 percent last month for the first time since the recession began, the state announced Friday, signaling that the state’s economy may have finally turned the corner. The 9.8 percent unemployment rate reported by the Employment Development Department is down from […]
(Bay City News) While much of the state and the country grapples with joblessness, San Francisco is seeing growth in Internet and biotech jobs, according to new data released by San Francisco County Assessor-Recorder Phil Ting. Ting’s data suggests that 21st Century jobs are growing in San Francisco neighborhoods such as South of Market, South […]
Healthy national employment gains are a good sign for California says Robert Kleinhenz, the chief economist of the Los Angeles County Economic Development Corporation’s Kyser Center for Economic Research. But Kleinhenz cautions it could still take two to four years to see the unemployment rate at a normal level. The national jobless rate dropped to […]