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Sacramento, CA | Comment On Latest Small Business Economic Trends Report

Sacramento, CA | Comment On Latest Small Business Economic Trends Report

SACRAMENTO, Calif., Sept. 14, 2021—The nation’s leading economic barometer of its Main Street economy, released today, shows no breakthrough that would point to a quick or sustainable economic recovery at the moment, only a nagging uncertainty about everything. “Reading the economic tea leaves when they just floated was tricky enough in the best of times, […]

California Employers Add 104,500 Jobs; Unemployment Rate Drops To 7.9%

California Employers Add 104,500 Jobs; Unemployment Rate Drops To 7.9%

Seth Sandronsky | The Center Square (The Center Square) – California employers added 104,500 nonfarm payroll jobs in May versus April’s revised employment gains of 102,000, according to the state Employment Development Department. May’s 7.9% unemployment rate improves on April’s revised rate of 8.0%, April 2020’s peak rate of 16% and May 2020’s rate of […]

Weekly Jobless Claims Drop to Lowest Level Since March as Recovery Continues

Weekly Jobless Claims Drop to Lowest Level Since March as Recovery Continues

BY TOM OZIMEK The number of U.S. workers seeking unemployment benefits last week fell by 40,000 to the lowest level since March, when the outbreak of the CCP (Chinese Communist Party) virus delivered a colossal blow to the economy. A report from the Labor Department on Thursday (pdf) showed 751,000 people filed for state unemployment benefits in the week ending […]

US Economy Grew by Record 33.1 Percent in Third Quarter

US Economy Grew by Record 33.1 Percent in Third Quarter

BY TOM OZIMEK The Department of Commerce announced Thursday that U.S. economic output in the third quarter grew by 33.1 percent, the largest expansion on record, after falling by 31.4 percent in the second quarter, the largest shrinkage on record. In a release detailing the agency’s “advance” estimate for third-quarter gross domestic product (GDP), the Commerce Department noted, […]

White House Advisor Expects ‘Complete, Full, and Rapid Recovery’ for Trump and Wife

White House Advisor Expects ‘Complete, Full, and Rapid Recovery’ for Trump and Wife

BY GQ PAN White House pandemic advisor Scott Atlas said he expects President Donald Trump and the first lady Melania to recover quickly after they tested positive for COVID-19 on Thursday evening. In a statement released to Fox News, Trump’s new go-to advisor on the CCP virus pandemic said there is “zero reason to panic” over the president’s positive diagnosis. […]

Job Openings Surge by 10 Percent to 6.6 Million, Topping Expectations

Job Openings Surge by 10 Percent to 6.6 Million, Topping Expectations

BY TOM OZIMEK Job openings in the United States, which are a measure of labor demand, rose by 10 percent to 6.6 million in July, while the number of people quitting their jobs rose by 2.1 percent between June and July, suggesting an uptick in confidence in being able to find work. The Labor Department’s Job Openings […]

California Is the State with the 7th Worst Unemployment Rate Recovery – WalletHub Study

California Is the State with the 7th Worst Unemployment Rate Recovery – WalletHub Study

With the U.S. gaining 1.8 million jobs in July and the national unemployment rate at 10.2% compared to the nearly historic high of 14.7% at the peak of the coronavirus pandemic, WalletHub today released updated rankings for the States Whose July Unemployment Rates Are Bouncing Back Most, along with accompanying videos and audio files, to […]

Kudlow Expects Economy to Surge by Over 20 Percent On ‘Terrific Numbers’

Kudlow Expects Economy to Surge by Over 20 Percent On ‘Terrific Numbers’

BY TOM OZIMEK White House economic adviser Larry Kudlow told Fox News on Thursday that he expects the economy to grow by over 20 percent in the final quarters of 2020 and that predictions for a sharp, V-shaped recovery remain in play. “Twenty-percent-plus growth in the third and fourth quarters. You can score that,” Kudlow said in an interview with […]

US GDP Suffers Record Collapse, Jobless Claims Point to Stalling Recovery

US GDP Suffers Record Collapse, Jobless Claims Point to Stalling Recovery

BY TOM OZIMEK The U.S. economy suffered a historic collapse in the second quarter of this year, with Commerce Department figures showing gross domestic product (GDP) plummeting by 32.9 percent in annualized terms as business activity ground to a halt due to the pandemic. CJ Editor’s note: GDP swings are typically reported at an annual rate […]

Search for Missing Woman Transitions to Recovery Operation – Believed drowned while swimming in Lake Piru

Search for Missing Woman Transitions to Recovery Operation – Believed drowned while swimming in Lake Piru

Ventura County Sheriff  – Incident Press Release The search for a missing Los Angeles actress at Lake Piru has turned into a recovery mission as of Thursday morning. Naya Rivera, 33 year old Los Angeles resident, rented a boat at the lake Wednesday afternoon and went for an excursion with her four-year-old son. The boat […]

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