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Unemployment, job cuts, layoffs

Californians Seeking Unemployment In Record Numbers

California’s Employment Development Department paid a record amount in unemployment benefits last year, as the Golden State’s high unemployment rate drove 1.7 million Californians to seek jobless benefits.



Treasure Island Youth Jobs Program Lauded For Its Success

Training a generation of young workers for jobs in the green sector and the health industry can help lead the country out of chronically high unemployment, Rep. Barbara Lee said Friday.


de Young Museum in San Francisco

Arts Organizations Struggling To Make Ends Meet

Monday, the National Arts Index was out, offering the first comprehensive look at how the arts fared during the recession thus far.


Hewlett-Packard Headquarters in Palo Alto. (file photo)

HP Results Show Seesawing Nature Of Tech Recovery

Hewlett-Packard Co.’s results showed Monday how lopsided the recovery in technology spending has been.

CBS San Francisco–11/22/2010

real estate, housing, home, property

California Default Notices Crept Higher In Third Quarter

Mortgage default notices in California have edged up from last quarter for the first time since early last year but remain below their year-ago numbers.

CBS San Francisco–10/26/2010

(L-R) California U.S. Senate candidate Carly Fiorina and Sen. Barbara Boxer. (AP)

Stimulus Money A Focal Point In California Senate Race

Republican Senate challenger Carly Fiorina points to California’s 12.4 percent unemployment rate to make the case that the federal $814 billion economic stimulus package was a failure.

CBS San Francisco–10/25/2010

Robert Reich

Robert Reich Tells KCBS Recession Recovery Will Be Slow

KCBS In Depth Interview with UC Berkeley Professor of Public Policy Robert Reich on the economy.


U.S. Secretary of the Treasury Timothy Geithner speaks at the Commonwealth Club of California on October 18, 2010 in Palo Alto. Secretary Geithner discussed the Obama adminstration's economic priorities during an hour-long conversation with the Commonwealth Club of California. (Justin Sullivan/Getty Images)

Treasury Secretary Speaks To Palo Alto Audience

U.S. Secretary of Treasury Timothy Geithner said at a Palo Alto talk Monday that bank and government officials made catastrophic mistakes with the economy, but that it is slowly healing.


Salvation Army Holds Toy Giveaway For Families in San Francisco in 2008. (Justin Sullivan/Getty Images)

Annual Ranking Shows Charitable Contributions Plummeting

The economic downturn took an incredible toll on the country’s biggest charities. A new report showed the steepest decline in donations in two decades.


California State Capitol in Sacramento (Justin Sullivan/Getty Images)

California Poverty Rate Highest In 11 Years

The state’s poverty rate in 2009 was the highest in 11 years, according to a nonpartisan public policy research group.

CBS San Francisco–09/19/2010