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    Economic Update – Week Ending April 12, 2014

    This week marked good news on the jobs front. The Labor Department reported that U.S. job openings in February reached their highest level in six years, increasing 299,000 to a seasonally adjusted 4.17 million. The report is one of the indicators being watched by the Fed as they continue to assess the health of the U.S. economy. […]

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    Economic Update – Week Ending April 5, 2014

    The March Bureau of Labor Statistics jobs report was released Friday. It showed that the economy added 192,000 non farm jobs. This was welcome news after 3 months of much lower than expected gains, which were attributed to poor weather by many. January and February numbers were revised upward as well. The gains were all […]

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    Economic Update – Week Ending March 28, 2014

    L.A. County’s unemployment rate in February fell to 8.7% (from 8.9% in January) with employers adding 27,700 jobs to their payrolls (they lost 63,000 jobs in January). A year ago the rate was 10.2%. The statewide unemployment rate in February was 8%. Los Angeles and Long Beach both had 9.8% unemployment. Over the past 12 months, employers in […]

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