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Economy

construction, workers, roof

California Unemployment Rate Drops To 9 Percent

The state’s Employment Development Department reported Friday that California’s jobless rate is at its lowest point since November 2008, nearly a year after the recession began.

05/17/2013

(CBS)

California’s Unemployment Rate Tied For Worst In Nation

Nevada’s rate, while tied with California and Mississippi for the highest among states at 9.6 percent, was down from 11.8 percent a year ago.

03/29/2013

(CBS)

Unemployment Rate Creeps Higher In Some Bay Area Counties

Unemployment rates in parts of the Bay Area saw increases in January while the statewide rate went unchanged for the month, according to employment data released Friday.

03/22/2013

America’s Cup: World Series 2012 II

America’s Cup Report Cuts Projected Bay Area Economic Benefits Nearly In Half

A new report has cut the Bay Area’s economic benefits from the America’s Cup Race this summer in San Francisco from $1.4 billion down to $780 million.

03/12/2013

hi tech generic, laptop, technology

Once Red-Hot Silicon Valley Job Market Shows Signs Of Cooling

Silicon Valley’s economic engine may still be humming along, but it does appear to be downshifting into a slightly slower gear.

03/05/2013

A foreclosure sign hangs on a fence in front of a foreclosed home on April 6, 2011. (Justin Sullivan/Getty Images)

Poll Shows Californians Gloomy Outlook On Economy, Job Market

A new poll shows that most Californians are downright gloomy about the state’s economy and very few voters think the job market will improve this year.

03/01/2013

Photo Credit: Thinkstock.com

The Economy Is Coming Back, So Are Big Corporate Parties

Big parties are making a comeback in San Francisco, as big companies give up on recession chic and pull out the stops to entertain in style.

02/28/2013

Silicon Valley Location Of IBM In San Jose. (David Mcnew/Getty Images)

Leading Silicon Valley Economist Predicts Slow Economic Growth In 2013

Santa Clara University Economic Professor Mario Belotti’s annual economic forecast calls for a 2.5 percent growth this year.

02/14/2013

Texas Gov. Rick Perry. (Mandel Ngan/AFP/Getty Images)

Texas Governor Ends California Business Recruiting Trip Empty-Handed

Gov. Rick Perry is wrapping up his high-profile recruiting trip to California without having convinced any businesses to relocate to his state—at least not yet.

02/13/2013

President Barack Obama delivered his State of the Union address on Tuesday. (Getty Images)

Obama Vows Job Creation In State Of Union Speech Embraced By Calif. Delegation

President Barack Obama is urging a divided Congress to boost job creation and strengthen the middle class through a package of government-backed proposals – a move that drew support from members of California’s largely Democratic Congressional delegation.

02/12/2013

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