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US Layoffs Remain Elevated as 837,000 Seek Jobless Aid

WASHINGTON — The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer. The Labor Department's report, released Thursday, suggests that companies are still cutting a historically high number of jobs, though the...

Disney to Lay off 28,000 at Its Parks in California, Florida

ORLANDO, Fla. — Squeezed by limits on attendance at its theme parks and other restrictions due to the pandemic, The Walt Disney Co. said Tuesday it planned to lay off 28,000 workers in its parks division in California and Florida. Two-thirds of the planned layoffs involve part-time workers but they...

Walters: California’s Job Numbers Aren’t Good

At first glance, California’s monthly employment numbers, released last Friday, appear to indicate steady recovery from the very severe pandemic-spawned recession. California’s unemployment rate declined from 13.5% in July to 11.4% in August, reflecting a nearly 300,000 gain in employment. A closer look at the data tells another story. Much of...

Over 40 Arrested for Fraud of California COVID Unemployment Benefits

Investigators unraveling an identity fraud scheme targeting California’s unemployment system have arrested 44 people in Beverly Hills this month alone, officials said Thursday. More arrests are expected as the California Employment Development Department and federal authorities investigate reports of people receiving unsolicited letters, some with debit cards, from the state’s...

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