Latest Labor economics Stories

LOS ANGELES, May 22, 2013 /PRNewswire-USNewswire/ -- In a report released today, Labor Commissioner Julie A. Su announced that labor law enforcement under Governor Brown in the first two years of his Administration resulted in more minimum and overtime wages found owing to California workers and more monetary penalties for illegal business practices than in any previous year in the past decade. In addition, the Labor Commissioner's improved targeting has protected law-abiding...

With total employment up in April, the largest concentration of jobs was in the South Atlantic and South West Central regions of the U.S., based on recent ADP data. Geographic employment trends mirrored current hiring on Hound.com. Pasadena, CA (PRWEB) May 17, 2013 The South Atlantic and Southwestern regions of the U.S. produced nearly half of the total job gains in April, according to a recent report by ADP. With total private sector employment at 119,000, the labor market continued to...

SF startup’s 40,000+ customers created 200,000 jobs since Sept. 2010. San Francisco, California (PRWEB) May 13, 2013 Businesses have now created 200,000 jobs through the SmartRecruiters’ hiring platform since its founding in September 2010. "From the moment I met the company - and their vision of Zero Unemployment - I knew SmartRecruiters was a big idea to change the labor market,” said CEO & Founder of TalentCulture Consulting Meghan Biro. “200,000 jobs created speaks...

FRESNO, Calif., May 7, 2013 /PRNewswire-USNewswire/ -- California Labor Commissioner Julie A. Su has issued citations totaling $1,625,468 to the Bedford Care Group, Inc., an assisted living provider located in Fresno. The Labor Commissioner cited the Bedford Care Group for labor law violations including unpaid minimum wage and overtime, meal and rest break violations, as well as the failure to issue itemized wage statements. "Workers across all industries in the state should know...

Index Signals Moderate Job Increases Ahead NEW YORK, May 6, 2013 /PRNewswire/ -- The Conference Board Employment Trends Index(TM) (ETI) increased in April. The index now stands at 111.68, up from 111.61 (an upward revision) in March. The April figure is 3.8 percent higher than a year ago. "Despite weak economic activity, the Employment Trends index is still signaling moderate job growth in the coming months," said Gad Levanon, Director of Macroeconomic Research at The Conference...

WASHINGTON, May 3, 2013 /PRNewswire-USNewswire/ -- Acting Secretary of Labor Seth D. Harris issued the following statement about the April 2013 Employment Situation report released today: "This morning's report shows that the economy added 165,000 total nonfarm jobs in April, and the unemployment rate dipped to 7.5 percent, a four-year low. That means 6.8 million new jobs over 38 consecutive months of private-sector job growth following the Great Recession. The revisions to February and...

Youth unemployment at the highest sustained level since World War II WASHINGTON, May 3, 2013 /PRNewswire-USNewswire/ -- Generation Opportunity, a national, non-partisan youth advocacy organization, is announcing its Millennial Jobs Report for April 2013. The data is non-seasonally adjusted (NSA) and is specific to 18-29 year olds: The youth unemployment rate for 18-29 year olds for April 2013 is 11.1 percent (NSA). The effective unemployment rate is 16.1 percent, which adjusts for...

Bart van Ark, Executive Vice President and Chief Economist, The Conference Board NEW YORK, May 2, 2013 /PRNewswire/ -- The U.S. Bureau of Labor Statistics today reported 0.7 percent annualized growth in labor productivity for the first quarter of 2013. After a decline of 1.7 percent (annualized) in the fourth quarter of 2012, this modest rebound in labor productivity is still well below the longer term trend of 2-2.5 percent. This small productivity dividend will do little to...

- April rise offsets losses in February and March, leaving labor demand unchanged in 2013 NEW YORK, May 1, 2013 /PRNewswire/ -- Online advertised vacancies rose 204,300 in April to 5,103,100 in The Conference Board Help Wanted OnLine® (HWOL) Data Series released today. The gain offsets earlier losses, leaving labor demand flat in 2013. The Supply/Demand rate stands at 2.4 unemployed for each vacancy. In March, there were 6.8 million more unemployed than the number of advertised...

CHICAGO, April 23, 2013 /PRNewswire-USNewswire/ -- On a mission to provide veterans with a vehicle to success, the Chicago Automobile Trade Association (CATA) introduced Operation Troop Train, an initiative to provide automotive sales training and a job fair for returning servicemen and women. The CATA partnered with the Illinois Department of Employment Security (IDES) for assistance in identifying 40 qualified and interested veterans to participate in the program. Selected...