California launches tool to track whether AI is costing workers jobs
Initial findings showed no evidence of rising statewide unemployment claims from workers in occupations considered highly exposed to AI.
Watch CBS News
Initial findings showed no evidence of rising statewide unemployment claims from workers in occupations considered highly exposed to AI.
CBS News California analyzed a decade of state audits and found that lawmakers failed to enact three out of every four state audit recommendations. Year after year, the auditor tracks the same problems, the same risks, and the same inaction, costing California billions.
Uncertainty over U.S. tariffs and other Trump administration economic policies are deterring manufacturers from hiring, according to the Center for American Progress.
Employers across the U.S. added 177,000 jobs in April, a sign the labor market remains healthy despite concerns rising U.S. tariffs.
Americans express concern about their ability to pay bills and save money.
For people who have completed their prison sentences, one of the best ways for them to stay out is to find a stable job. An East Bay program helps set up former inmates for success after release.
The latest jobs report showed that the U.S. added 272,000 jobs last month, significantly higher than forecasters had expected. Michael George has more.
CBS News Business Analyst Jill Schlesinger reports the May jobs report and its impact on interest rates. For more analysis, go to www.jillonmoney.com. (06-07-2024) Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
California added more than 50,000 jobs in April two years ago, but the state only added 5,200 jobs this past April. It's a troubling trend that some experts are concerned about how it impacts small business owners.
California's unemployment rate is now the highest in the country.
A new report from the Labor Department Friday shows that the U.S. added 336,000 jobs in September, well above economists' expectations. The sunny jobs report, however, serves as a contrast to the numerous labor strikes taking place across the nation. Jo Ling Kent has more.
Inflation has cooled in recent months and the unemployment rate remains low. Still, a CBS News poll has found that most Americans are pessimistic about the economy. Mark Strassmann takes a look. Read more here.
Generation X, people in their mid 40's through late 50's, make up about a quarter of all unemployed people. According to Glassdoor, that demographic makes up most of the new unemployed population over the last half year. Politico reporter Sam Sutton joined CBS News to talk about the trend.
Niantic, the creator of hit mobile game Pokemon Go, announced it is laying off 230 employees and reorganizing its business as it grapples with new macroeconomic uncertainty.
A report of U.S. job cuts showed roughly 5% of job losses in May were due to AI technology.
A group of workers from the Bay Area and across California gathered at the State Capitol on Thursday, urging lawmakers to pass a bill to make unemployment benefits available to undocumented immigrants.
An estimated two million undocumented workers in California have been excluded from unemployment benefits and other assistance during the pandemic. A state Senate bill would provide laid-off undocumented workers with $300 per week for up to 20 weeks.
An estimated two million undocumented workers in California have been excluded from unemployment benefits and other assistance during the pandemic. A state Senate bill would provide laid-off undocumented workers with $300 per week for up to 20 weeks. José Martínez reports.
The U.S. job market has remained robust despite the Federal Reserve's concerted push to slow economic growth.
San Mateo County residents who lost their jobs, businesses or work hours due to the winter storms that hit the Bay Area in January must apply by Thursday for disaster-related unemployment insurance.
Hiring was stronger than economists had forecast, while the unemployment rate fell to 3.5%.
Stitch Fix, facing economic turbulence, announced a double whammy on Thursday: CEO Elizabeth Spaulding is stepping down and the company planned to lay off 20% of its salaried staff.
Bradley Blackburn reports on the numbers of the latest jobs report indicating overall employment landscape is solid (12-2-2022)
The layoffs that had been announced last week were confirmed Thursday at local tech company Lyft, raising questions about what the loss of jobs will mean for the wider Bay Area economy.
At Margaritas Mexican Restaurant in Redwood City, owner Ramon Bravo has seen a lot in his 21 years in business but he says this has been the hardest for him
