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State unemployment rate drops to lowest point since March, county at 5 4%

California’s labor market, by the numbers… At 8.2 percent in November, California’s unemployment rate is at the lowest level it has been since 5.5 percent in March 2020. November also marks the sixth straight month the unemployment rate fell below the all-time unemployment rate high of 16.4 percent set in April and May of this year. Nine of California’s 11 industry sectors gained jobs last month. For the third consecutive month, Leisure & Hospitality posted the largest job sector gain with an increase of 27,800 jobs, thanks in part to the resilience shown throughout the fall season by the Arts, Entertainment, and Recreation subsector.

Fraudulent unemployment claims filed in name of U S senator

Fraudulent unemployment claims filed in name of U.S. senator By ADAM BEAMDecember 18, 2020 GMT FILE - In this Sept. 20, 2013, file photo, visitors use the Unemployment Insurance phone bank at the California Employment Development Department office in Sacramento, Calif. Federal prosecutors in California have accused four women of filing fraudulent unemployment benefits. The charges are part of a broader investigation of fraud in the state s distribution of more than $110 billion in unemployment benefits since the pandemic began. (AP Photo/Rich Pedroncelli, File) FILE - In this Sept. 20, 2013, file photo, visitors use the Unemployment Insurance phone bank at the California Employment Development Department office in Sacramento, Calif. Federal prosecutors in California have accused four women of filing fraudulent unemployment benefits. The charges are part of a broader investigation of fraud in the state s distribution of more than $110 billion in unemployment benefits since the pand

California unemployment: Fraudulent EDD claims filed in name of US Senator Dianne Feinstein

California unemployment: Fraudulent EDD claims filed in name of US Senator Dianne Feinstein
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Super Saturday to Mark the Final Sprint in an Unpredictable Holiday Season

By Andrew Asch | Thursday, December 17, 2020 Melrose Avenue The 2020 holiday-retail season is preparing for its final run on Dec. 19, or Super Saturday. The Saturday before Christmas has traditionally been one of the busiest shopping days of the year. Various forecasters have predicted a solid shopping season. The National Retail Federation trade group forecasted that holiday sales would increase 3.6 percent to 5.2 percent or from $755.3 billion to $766.7 billion in sales compared to the 2019 holiday season. But forecasts could be skewed in a year that has been like no other in memory. The COVID-19 pandemic’s stay-at-home orders have upended bricks-and-mortar retail for much of the year. Los Angeles County’s physical shops have had to restrict the number of people who can shop in a store location to 20 percent of their capacity during the busy holiday season.

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