New COVID-19 Rules Threaten California's October Job GainsCalifornia's beleaguered restaurant and hospitality industry rebounded in October, adding 66,000 jobs as the unemployment rate in the nation's most populous state dipped below 10% for the first time since the pandemic upended its economy in March.
Golden Gate Bridge To Lay Off Nearly 150 Employees Due To Budget Shortfall To Avoid Toll HikeThe Golden Gate Bridge District Board of Directors voted Friday to lay off nearly 150 employees to help shore up the district's projected budget shortfall of some $48 million due to reduced ridership during the coronavirus pandemic.
Charles Schwab Plans To Lay Off 1,000 Employees Following TD Ameritrade MergerCharles Schwab said Monday that it is laying off 1,000 employees just weeks after completing its acquisition of TD Ameritrade.
California Unemployment Rate Dips To 11%; 96,000 Jobs Added In SeptemberCalifornia has regained more than a third of the 2.6 million nonfarm jobs the most populous state lost to the coronavirus pandemic in March and April, state officials said Friday.
Newsom Vetoes South Bay Lawmaker's Bill Offering Rehiring Protections For Many Laid-Off WorkersGov. Gavin Newsom has vetoed a Bay Area lawmaker's bill that supporters say would have guaranteed many workers laid off because of the pandemic the right to get their jobs back once economic conditions improve.
Now Hiring: Newsom Signs Law Offering Credits To Small Businesses Devastated By PandemicWith millions of people out of work in California, Gov. Gavin Newsom on Wednesday signed a law giving tax breaks to small businesses that hire more workers over the next three months.
Bed, Bath & Beyond Cutting 2,800 Jobs Citing Shift To Online SalesBed Bath & Beyond said Tuesday that it’s cutting 2,800 jobs at its corporate headquarters and stores — about 5% of its overall workforce — as the troubled home goods retailer looks to pivot more of its business online.
California Jobless Rate Improves In July As Economic Struggles In Pandemic ContinueNormally, adding more than 140,000 jobs would be cause for celebration by the standards of the past few decades. But the coronavirus has upended what's normal.
Victoria's Secret, Bath & Body Works Cutting 850 Office JobsThe owner of Victoria’s Secret and Bath & Body Works said Tuesday that it is cutting 850 office jobs, or about 15% of its corporate workforce.
California Job Growth Teetering On COVID-19 Numbers, Federal StimulusCalifornia experienced strong job growth in June, adding more than a half million jobs to the state's economy as the state began to reopen businesses shut down to stem the spread of COVID-19. Still, business leaders worry the gains could be jeopardized by rising numbers of coronavirus cases.
California Added Record 558,000 Jobs Before Latest COVID-19 ClosuresCalifornia added a record 558,000 jobs in June as many more businesses reopened but the gains announced Friday by the state are expected to be short-lived.
United Warns 36,000 Employees Of Potential Furloughs This Fall Due To COVID-19 SlumpUnited Airlines, which has a major hub at San Francisco International Airport, is warning nearly half of its frontline workforce that they could be furloughed this fall.
Levi's Cutting 700 Office Jobs Due To Coronavirus-Related SlumpLevi's said Tuesday that it will cut 700 office jobs, or about 15% of its worldwide corporate workforce.
San Francisco Officials Approve Controversial Safe Injection Sites; Await State ApprovalSan Francisco supervisors on Tuesday unanimously approved an ordinance creating an Overdose Prevention Program in the city, also known as a safe injection site, in an effort to prevent overdose deaths.
Reopening: State Unemployment Rate At 16.3 Percent; Highest Since Great Depression; More Than 2.2M Jobs LostAs the state's economy begins reawakening from it's more than 3-month slumber brought on by the COVID-19 outbreak, signs of the damage left behind from the shutdown continues to mount.