US unemployment claims tick up to 373,000 from a pandemic low

U.S. unemployment claims rose slightly last week by 2,000 to a total of 373,000, even as the economy and the job market appear to be rebounding.

San Mateo County property values reach record high for 11th year in a row

Property values in San Mateo County reached a record high of over $265 billion 2020, according to an announcement from San Mateo County Assessor-County Clerk-Recorder Mark Church.

June jobs report: US adds 850,000 jobs as economy extends its gains

U.S. employers added 850,000 jobs in June 2021, well above the average of the previous three months, the Labor Department said.

US unemployment claims fall to 364,000, a new pandemic low

U.S. unemployment claims dropped by 51,000 last week to 364,000, the lowest level since the pandemic began in 2020.

US unemployment claims tick down to 411,000 as economy heals

The number of Americans applying for unemployment benefits declined 7,000 from the previous week to 411,000, the Labor Department said.

Teamsters aims to step up efforts to unionize Amazon workers

The International Brotherhood of Teamsters, a union that represents 1.4 million workers, is setting its sights on Amazon.

San Jose flea market vendors begin hunger strike ahead of city council development vote

The 430 vendors, who are largely immigrant and family-operated vendors, have relied on the operations of the market since it opened more than 60 years ago. They worry the development will permanently close all the vendors.

'It lessens my bills': $500 universal basic income payments tested in upstate NY

Five-hundred-dollar payments were recently sent out to 100 residents in the small towns, rural corners and city blocks of Ulster County in upstate New York. Recipients can use the extra monthly payments for whatever they need, be it food or a car payment.

US unemployment claims tick up to 412,000 from pandemic low

The Labor Department said jobless claims in the U.S. rose 37,000 from the week before to 412,000, an increase for the first time since April.

National average price of gas rises 2 cents per gallon to $3.13

The highest average price in the country was $4.31 a gallon in the San Francisco Bay Area. The lowest average was $2.60 in Baton Rouge, Louisiana.

2020 teen summer employment was lowest since Great Recession

The number of teens who were able to get jobs during the summer of 2020 saw its lowest level since the Great Recession in 2008.

California construction workers in short supply

California's economy is poised for a post-COVID comeback even faster than the rest of the nation. But one obstacle could be standing in the way: a lack of available workers. The construction industry, in particular, is feeling that shortfall. 

Chipotle raising prices to offset its $15 minimum wage hike

Chipotle announced it would be raising menu prices by as much as 4% to offset the cost of the employee pay raises announced last month.

G-7 leaders agree to make tech giants pay fair taxes

The world’s richest countries have signed a landmark agreement committing them to confronting corporate tax avoidance and making sure giant tech companies pay their fair share.

US economy shows growth despite lacking enough workers, supplies

Barely more than a year after the coronavirus caused the steepest economic fall and job losses on record, the speed of the rebound has been so unexpectedly swift that many companies can’t fill jobs or acquire enough supplies to meet a pent-up burst of customer demand.

May jobs report: US adds modest 559,000 jobs amid hiring struggles

U.S. employers in May added 559,000 jobs, which was better than April but still a sign that many companies are struggling to find enough workers.

Gas prices could be headed higher before they come back down

Gas prices in the Bay Area are just a few cents shy of hitting the highest cost since 2012, according to GasBuddy. At the same time, the cost of taking a rideshare is skyrocketing amid a driver shortage.

California eyes shuttered malls, retail stores for new housing

In San Francisco, developers recently announced plans to build nearly 3,000 homes in the parking lot that surrounds Stonestown Mall — a sprawling, 40-acre site that has lost some anchor retail tenants in recent years.