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California Economy News. Service for global professionals. Constantly updated news and information about California.
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Latest California Economy News

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  • Business leaders split on economy 3 Dec 2009 05:35 GMT
    ... two years ago, the economists said. The economy could slide in 2010 if business investment ... it will convert 65 Wachovia branches in California to the Wells name in April. It ... Lewis said the bank's economists expect the GDP to grow 2.9 percent next year, despite ...

  • Editorial: California must avert unemployment insurance fund disaster 29 Nov 2009 08:45 GMT
    ... CALIFORNIA'S 12.5 percent unemployment rate is the worst since 1940, at ... acts to prevent it. During the robust economy earlier in the decade, the Legislature significantly ...

  • Every One of California's 28 Largest Communities Sees Annual Decrease in Construction Employment Thi 30 Nov 2009 18:37 GMT
    ... Every One of California's 28 Largest Communities Sees Annual Decrease in ... Largest Communities Sees Annual Decrease in Construction Employment This October Every One of California's 28 ...

  • Every One of California's 28 Largest Communities Sees Annual Decrease in Construction Employment This October 30 Nov 2009 18:37 GMT
    ... State Loses 136,000 Construction Jobs, Contractors Urge California Regulators to Abandon Plans to Force Them ... metropolitan areas saw a decrease in construction employment between October 2008 and October 2009 according ...

  • Optimism returns as unemployment rate dips to 10% 5 Dec 2009 08:12 GMT
    ... Information Services via COMTEX) -- The nation's economy last month shed the fewest jobs since ... the start of the recession, and the unemployment rate dipped to 10% -- an unexpected ... estate and lending hit harder in Arizona, California and Florida than in Wisconsin. "We're doing ...

  • Stimulus grant for Calif jobless system questioned 29 Nov 2009 16:32 GMT
    ... Stimulus grant for Calif jobless system questioned SACRAMENTO, Calif. -- California has received $60 million from the federal ... federal stimulus package to upgrade its 23-year-old unemployment benefits system even though previous federal funding ...

  • Stimulus grant for Calif jobless system question... 29 Nov 2009 17:10 GMT
    ... Stimulus grant for Calif jobless system questioned Sunday, November 29, 2009 ... November 29, 2009 at 8 a.m. - California has received $60 million from the federal ... federal stimulus package to upgrade its 23-year-old unemployment benefits system even though previous federal funding ...

  • Southern California leading economic indicator increases in the third quarter 30 Nov 2009 21:56 GMT
    ... next three to six months in Southern California, according to Adrian Fleissig, an economist and ... national figures such as the money supply, inflation and changes in the S&P 500. It ... be used to predict trends in the economy -- the leading economic indicator decreased significantly ...

  • US economy remains devastated despite improved jobs figures 5 Dec 2009 05:37 GMT
    ... US economy remains devastated despite improved jobs figures The ... October. The department also said that the unemployment rate, which is calculated using a different ... at least 15 percent, with El Centro, California registering 30 percent out of work. Certain ...

  • Unemployment falls, job loss slows in November 5 Dec 2009 08:20 GMT
    ... Unemployment falls, job loss slows in November WASHINGTON ... ready to make substantial hires. The American economy needs to generate at least 100,000 new ... upholstery and sunroof shop in Signal Hill, Calif. He said he had thought about hiring ...

  • Stimulus grant for Calif jobless system questioned 29 Nov 2009 16:31 GMT
    ... handles about 13 percent of the nation's unemployment claims but processes benefits on a computer ... the same amount as the stimulus money California received this year to upgrade its benefits ...

  • Amid travails of economy, there's room to be... 29 Nov 2009 08:35 GMT
    ... In fact, many economists project that the economy will slump again next spring before returning ... force rather than existing workers being fired. California added 25,700 jobs last month even as ... are calling temporary agencies, looking for workers. Inflation is in check, interest rates are low. ...

  • The U.S. unemployment rate edged down to 10 per cent in November, even as the American economy shed 11,000 jobs during the month. 4 Dec 2009 14:52 GMT
    ... cent in November, even as the American economy shed 11,000 jobs during the month. Erin ... meet with a job counsellor at the California Employment Development Department office in Sacramento, Calif. The U.S. economy shed 11,000 more jobs ...

  • CNN Money: Black unemployment 'a serious problem' 5 Dec 2009 08:20 GMT
    ... By David Goldman, CNNMoney.com staff writer Last Updated: December 4, ... percentage points in August 2007. As the economy fell into a recession, that gap rapidly ... go," Solis said. But Rep. Maxine Waters, D-Calif., argued that many of those programs are ...

  • Confessions of a Money Manager: Lower GDP -- our Thanksgiving turkey 27 Nov 2009 21:47 GMT
    ... reported this week that June through September GDP growth was 2.8 percent rather than the ... Associated Press reported that . Furthermore, because inflation remains in check, interest rates will be ... future. Robert Arnott, chairman of Newport Beach, California-based Research Affiliates LLC, thinks there are problems ...


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