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Applications for US Unemployment Aid Rose Slightly Last Week

The number of people seeking unemployment benefits rose only slightly last week with the labor market remaining strong despite the Federal Reserve's efforts to cool the economy and hiring. Applications for unemployment aid for the week ending Dec. 24 climbed 9,000 to 225,000, the Labor Department reported Thursday. The four-week average of...

Walters: Inflated Job Numbers Prop Up Bullet Train

Whenever politicians spend large sums of taxpayer money on pet projects, they invariably overstate their supposed economic benefits, particularly creating oodles of “good-paying jobs.” They all do it, using a deceptive assumption that if one worker works one day on the project, it’s counted as a “job.” Bullet Train Project...

Weak Jobs Report Could Spur, Slow Biden’s Huge Money Package

WASHINGTON — President Joe Biden's promised economic comeback hit a speed bump Friday with the April jobs report, which found modest job gains of 266,000 that complicated his $4 trillion push on infrastructure, education and children. The employment report failed to show that the U.S. economy was accelerating forward, so...

Signs of Recovery as California Adds Jobs for 2nd Month

SACRAMENTO — California employers added 119,600 new jobs in March, the second straight month of growth following a topsy-turvy year of enormous losses and inconsistent gains during an unpredictable pandemic. New unemployment claims, both for traditional employees and independent contractors, are at their lowest levels since the pandemic began more...

Walters : California ‘Job Killer’ List Reignites Old Conflict

Annually, the California Chamber of Commerce chooses a relative handful of the hundreds of bills pending in the Legislature and labels them “job killers” that would impose new regulatory or taxation burdens. The publication of the chamber’s list of measures it considers most onerous has become an important ritual because...

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