'The Jerk'We hope you're enjoying the economic recovery, what with the stock market taking a stage dive, a real estate Ice Age and yes, lots and lots of people out of work. Good thing 2008 is in the rear view, right?
Wait, California just announced state unemployment has hit 12 percent. That ... More >>
CBS'60 Minites' asks how many in this room full of jobless folks have degrees.In a Debbie Downer of a story about California's jobless masses (yeah, we heard, the recession is over), CBS' 60 Minutes on Sunday dropped this bomb:
Twenty-two percent -- more than one out of every five people -- ... More >>
Another survey yet again confirms that Los Angeles may be one of the worst places to live in the nation. L.A. is ranked the 2nd most stressful city among the 50 largest metropolitan areas, according to Portfolio.com.
These results follow last month's findings by Forbes, which also gave L.A. ... More >>
Los Angeles is ranked the 6th worst place to live in the country, according to a study by AOL's Wallet Pop. The website compiled a list of the top 10 worst cities to live in the country and using factors such as unemployment rate, pollution, crime, health data and other factors that would ma ... More >>
Big oil companies are trying to suspend a California green-house gasses law, which sets limits on such emissions until the state unemployment rate falls below 5.5%, according to NBC Los Angeles. A ballot initiative will put the issue of suspending the law before voters in November.
Proponent ... More >>
Los Angeles Mayor Antonio Villaraigosa this week was ripped by preeminent local urban expert Joel Kotkin in a piece for Forbes magazine that calls the L.A. leader " ... a sometimes charming pol utterly bereft of economic acumen." The piece notes that the city has sunk to near-historic economi ... More >>
California state Sen. Gloria Romero's bill to prevent loser politicians who get ousted by voters from collecting California state unemployment insurance has made it out of a key labor committee in Sacramento. Well, thank God for that.John NunezYes, you read it right. Thanks to a particularl ... More >>
The Europe-jetting, soap-opera acting, Oscar partying mayor of Los Angeles thinks you haven't pitched in enough cash to city coffers, because it's not what your mayor can do for you, but what what you can do for Mayor V.
That's right, Antonio Villaraigosa is backing a plan that would have De ... More >>
Los Angeles, home to a near 14 percent unemployment rate, could be in the midst of "a two-year, jobless recovery," Los Angeles Deputy Mayor Larry Frank told Reuters.
That's some hard medicine to swallow, but the city has received about $44 million in federal stimulus funds intended to train workers ... More >>
Dubai might have its man-made islands and Shaghai residents might squint under the glare of all the new skyscrapers there, but California is still where the economic action is. That's according to the latest issue of Time magazine, which states that, despite the budget mess in Sacramento, struggling ... More >>
You always hear people comment on how much easier it is to get to and from work these days, and maybe you yourself have noticed how much lighter freeway traffic seems to be. At first this was written off as a temporary effect of 2008's rocketing gas prices. Then, as the full effect of recessionary c ... More >>
One of the creepiest pieces of news about mass-murderer Bruce Jeffrey Pardo, an aerospace software technician who lived in Montrose, among Los Angeles' most charming, quiet and friendly suburban neighborhoods, was that he lost his "beloved" dog, Saki, to the estranged wife Pardo so viciously and met ... More >>