Jobs (News)

VTA Strike Avoided For Now

Submitted by News Desk on Tue, 08/26/2008 - 10:00pm
San Jose, Cailf. (KCBS/Mercury News)  -- The union representing some 1,400 Santa Clara Valley bus and light rail workers threatened to hold a strike vote Wednesday, but Michael Burns, General Manager of the Valley Transportation Authority, says the two sides are still talking.

“We have requested that they have come back to the bargaining table and they have agreed… that’s good news. We hope that we’ll be successful in collective bargaining and coming to an agreement.”

Median income slips in California

Submitted by News Desk on Tue, 08/26/2008 - 10:00pm

American incomes rose modestly between 2006 and 2007, but in California, the typical household lost ground slightly, according to census data released Tuesday, one of several economic indicators that may be a cause for worry as the economy takes another dip, some analysts say.


East Bay incomes higher, but poverty rates not going down

Submitted by News Desk on Mon, 08/25/2008 - 10:00pm

If the East Bay economy could be judged by Pleasanton's median household income of $113,345, or its poverty rate of 2.1 percent, the region would seem to be doing fine.

The U.S. Census Bureau released statistics Tuesday that show the Tri-Valley city of about 68,000 people has regained its place as the most affluent midsize city in America.


El Cerrito to purchase furniture store site

Submitted by News Desk on Wed, 08/20/2008 - 10:00pm

After 72 years on San Pablo Avenue, the owner of Tradeway Furniture said the store will be closing its doors in about a year, after agreeing to sell its buildings to the City of El Cerrito.

"It's an emotional thing," said owner Joseph Conwill. "We'll certainly miss all of our friends and customers. But the time has come."


State unemployment hits 7.3% in July

Submitted by News Desk on Fri, 08/15/2008 - 10:00pm

(08-15) 11:12 PDT SACRAMENTO -- California's economic slide gained momentum in July when the unemployment rate reached 7.3 percent, up from 7 percent in June and nearly two percentage points greater than it was one year ago, the state Employment Development Department reported Friday.

There were 1,352,000 unemployed people in California last month - 70,000 more than in June and up by 374,000 compared with July 2007.


East Bay leads Bay Area in job losses

Submitted by News Desk on Thu, 08/14/2008 - 10:00pm

The East Bay lost 2,700 jobs during July, a fresh setback for a struggling economy that has suffered a string of employment losses that now stretches to seven-straight months, according to a state labor report released Friday.

Adjusted for seasonal changes, the East Bay has lost nearly 19,000 jobs so far in 2008, the Employment Development Department reported.



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