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Fed Projects High Unemployment For Next 3 Years
The Federal Reserve projects the unemployment rate will stay elevated until late 2015, suggesting it will keep short-term interest rates low for the next three years.
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The Federal Reserve projects the unemployment rate will stay elevated until late 2015, suggesting it will keep short-term interest rates low for the next three years.
Many Bay Area residents have been struggling to find work in recent years, so it may come as a surprise that not one single person show up for a job fair in Emeryville Monday.
Officials are warning that California's economic recovery could come to a halt if Congress and President Barack Obama are unable to avert the "fiscal cliff."
The state Employment Development Department reported the rate was 10.1 percent in October, down from 10.2 percent a month earlier.
There is a new breed of truthers on the right. Joining the paranoid ranks of the advocates of a government role in 9-11 and the birthers fascination with President Obama's birth certificate are conservatives that believe the Bureau of Labor Statistics (BLS) is making up jobs numbers to benefit President Obama.
Today, Republicans feel a combination of confusion, disbelief, and anger as to how a slim majority of Americans can possibly want four more years of the Obama administration in the White House. To many, it seems inconceivable that people want to take a chance on more of the same.
Unfortunately, political poll after political poll reveals that the presidential election of 2012 has much to do – in fact, more to do – with the race of the presidential candidate than most anything else.
On Friday, President Barack Obama told his supporters at a campaign rally – inside a public high school, no less – to vote for revenge!
The newspapers that are not endorsing President Barack Obama are extremely brave. They are to be positively recognized for their courage to stand up against the onslaught of the liberal media which refuses to speak in the best interest of the country as the presidential election nears.
Consider the economy, the job market, the recent horrendous occurrences in the Middle East before voting for a person because of his race, his social-issue promises, or any other rather selfish reasons.
President Obama doesn't want to have to answer the "difficult" questions on the economy, jobs, the turmoil related to America in the Middle East, and more so he avoids solid news programs to go on popular fluff shows to get softball questions.
In the year since a series of Occupy protests turned Oakland upside down, business all over the city has seen a renaissance particularly in the downtown core, city leaders said Wednesday.
The survey by CareerBuilder put San Jose at the top of the list of metro areas with the most job growth from 2010 to 2012.
California's unemployment rate dipped in September to 10.2 percent, down from 10.6 percent the previous month, with the Bay Area helping lead the recovery.
It's great that Obama made the binders the headlines since last Tuesday night's debate because the truth about Mitt Romney's record on hiring women and the truth about Obama's alleged war on women is finally coming out – and helping Romney in the polls.
With this grueling presidential contest heading into the final days, President Barack Obama and former Mass. Gov Mitt Romney are getting in touch with their softer side as polls show women voters could be the ones to determine the outcome.
The debate results are much less lopsided than the first debate, but Obama's failed promises of the past four years which were clearly expressed by Romney dictate that Obama couldn't win the debate. Romney won again.
Vestiges of the economy also were found in the second question in the CBS Local Presidential Forum on their view of the role of the federal government.
As Obama and his campaign boast a $181-million month in September 2012 in fundraising, there is a lengthy report which says there is an incredibly huge amount of campaign donations coming from overseas.
Obviously, one does not need a math degree of any sort to realize that something is amiss with these figures and thereby needs further explanation. It appears as though their number of those who found work, the number of new jobs created, or both are inaccurate.
Romney – the challenger – will be incredible. Obama – the incumbent – will be damaged. The question is, how severely he will be damaged?
Preparing for this debate has got to be the most depressing thing Obama has ever done. He must be staring at facts and figures that he can hardly believe – and then realize he has to defend them come Wednesday night – with his biggest critic, Mitt Romney – and the nation – staring at him. It's going to be terrible for Obama.
Unlike Obama, Mitt Romney has been talking about his plan to save Social Security on the campaign trail in the recent past. Though it is getting little to no coverage in the national press, it should be getting the positive "buzz" it deserves.
The world's largest soup maker said Thursday that it will close a plant in Sacramento that has about 700 full-time workers. The plant, which makes soups, sauces and beverages, was built in 1947 and is the company's oldest in the country.
California's unemployment rate dipped slightly in August to 10.6 percent, down from 10.7 percent the previous month.
A mother and her 5-year-old child from Manteca died in a fiery crash in Livermore on early Sunday morning, police said Monday.
Hogan Harris and three relievers combined on an eight-hit shutout, and the Oakland Athletics beat the Houston Astros 4-0.
Vice President Kamala Harris continues to receive a wide range of support in the day since President Biden dropped out of the 2024 race.
Teoscar Hernández had three hits and three RBIs, including a go-ahead single in the eighth inning, and the Los Angeles Dodgers extended their winning streak to four games by beating the San Francisco Giants 3-2.
A rideshare driver is searching for a woman who helped save his life when he had a medical emergency while driving.
A mother and her 5-year-old child from Manteca died in a fiery crash in Livermore on early Sunday morning, police said Monday.
Hogan Harris and three relievers combined on an eight-hit shutout, and the Oakland Athletics beat the Houston Astros 4-0.
Vice President Kamala Harris continues to receive a wide range of support in the day since President Biden dropped out of the 2024 race.
Teoscar Hernández had three hits and three RBIs, including a go-ahead single in the eighth inning, and the Los Angeles Dodgers extended their winning streak to four games by beating the San Francisco Giants 3-2.
A rideshare driver is searching for a woman who helped save his life when he had a medical emergency while driving.
Teoscar Hernández had three hits and three RBIs, including a go-ahead single in the eighth inning, and the Los Angeles Dodgers extended their winning streak to four games by beating the San Francisco Giants 3-2.
San Francisco continues to see its tourism industry rebound, which is good news for local businesses, but it will still be a few years until it reaches pre-pandemic levels.
San Francisco police are seeking the public's help in locating a missing 11-year-old girl who was last seen Monday morning in the city's Haight-Ashbury neighborhood.
A San Francisco man was convicted of an attacking another man in the city's Richmond District earlier this year, prosecutors said Monday.
San Francisco officers killed an armed male in an encounter Sunday night in the city.
A rideshare driver is searching for a woman who helped save his life when he had a medical emergency while driving.
The judge presiding over Monday's arraignment of a driver who allegedly struck and killed a Vacaville police officer questioned her competency to stand trial.
On Sunday morning, the nation was facing a presidential election involving two elderly white men. But just 24 hours later, the political landscape had completely changed, and voters are still coming to grips with it.
Less than 24 hours after President Joe Biden dropped out of the race and endorsed running mate and Vice President Kamala Harris for president, groups of San Francisco Democrats quickly organized to rally support for her.
The Contra Costa County District Attorney's Office charged the driver who crashed into the vehicle of a Richmond 16-year-old on July 15 with murder.
Regional Medical Center in East San Jose will no longer be closing, but community members are still concerned.
The pressure for President Joe Biden to drop out of the Presidential Race continues to increase. Democratic leaders are publicly calling for him to step aside, including some from the Bay Area.
PG&E warned Friday that about 16,000 customers across seven counties could have their power shut off Saturday due to safety reasons from potential dry and windy conditions.
A man detained for suspected felonies died by suicide earlier this month at the Santa Clara County Main Jail Complex in San Jose, according to the Sheriff's Office.
While official practices are still a couple weeks away for San Jose State University football, the team is already facing a formidable opponent: geese taking bathroom breaks on its practice fields.
A school in the North Bay has become the only one in the country that has received international recognition for its chess program and how its teaching the game to a new generation.
Police in Fairfield are searching for two men who are suspected of placing a card skimmer at a gas station over the weekend.
A woman won the Wine Country Half Marathon in Sonoma on Sunday for the first time in the event's 20-year history, organizers said.
A group of Vallejo residents gathered Saturday to ask the state for protection of a stretch of Highway 29 that runs straight through town.
The Mendocino County Sheriff's Office is warning residents about a phone scam circulating in the county in which the caller claims to be an employee of the Sheriff's Office.
Hogan Harris and three relievers combined on an eight-hit shutout, and the Oakland Athletics beat the Houston Astros 4-0.
Enter for your chance to win a Family 4-Pack of tickets to the Oakland Ballers game on Friday, August 16, vs. the Boise Hawks.
LeBron James will be the third basketball player – and the first men's player – to carry the U.S. flag at the start of the 2024 Paris Olympic Games.
A woman won the Wine Country Half Marathon in Sonoma on Sunday for the first time in the event's 20-year history, organizers said.
The Oakland Ballers independent professional baseball team is changing managers before the end of its inaugural season.
The judge presiding over Monday's arraignment of a driver who allegedly struck and killed a Vacaville police officer questioned her competency to stand trial.
A San Francisco man was convicted of an attacking another man in the city's Richmond District earlier this year, prosecutors said Monday.
Police in Fairfield are searching for two men who are suspected of placing a card skimmer at a gas station over the weekend.
The Contra Costa County District Attorney's Office charged the driver who crashed into the vehicle of a Richmond 16-year-old on July 15 with murder.
Fremont's chief of police lamented on Sunday recent killings in the city, including a young girl, that have agonized the local community.
Google said it won't phase out third-party cookies in its Chrome browser after all, opting to let people "make an informed choice."
AI bots like Google AI have given incorrect information, with the results ranging from humorous to potentially dangerous.
Long lines of passengers were feeling the impact of a worldwide computer outage that grounded several airlines for a time on a frustrating Friday at SFO.
A massive Microsoft Windows failure that crashed computers around the world early Friday morning has caused flight cancellations and delays and impeded court and government functions throughout the Bay Area.
What to know as banks, airlines and other Microsoft clients grapple with global outages due to a CrowdStrike software issue.
Participation in the annual San Francisco AIDS Walk has declined. Organizers say that's not such a bad thing.
A warning of a Listeria monocytogenes outbreak affecting 12 states, including Pennsylvania, New Jersey and New York, was issued by the CDC Friday afternoon linking infections to sliced meat at deli counters.
With so much focus on old age, scientists are hoping to crack the code on longevity but they need some help.
Growing share of Americans say they have skipped medical care or getting prescription drugs because of the cost.
A UC Davis researcher spoke about what causes heart failure, what fixes it, and how that could be different for men and women.
Vice President Kamala Harris continues to receive a wide range of support in the day since President Biden dropped out of the 2024 race.
Former President Donald Trump's lawyers called the $454 million judgment "draconian" and complained that the "case violates centuries of New York case law."
On Sunday morning, the nation was facing a presidential election involving two elderly white men. But just 24 hours later, the political landscape had completely changed, and voters are still coming to grips with it.
Less than 24 hours after President Joe Biden dropped out of the race and endorsed running mate and Vice President Kamala Harris for president, groups of San Francisco Democrats quickly organized to rally support for her.
Maya Rudolph played Harris several times as a guest on "SNL" in 2019, during the 2020 presidential election cycle.
California Gov. Gavin Newsom has signed a law barring school districts from passing policies requiring schools to notify parents if their child asks to change their gender identification.
San Leandro is hosting its first Pride celebration and organizers spoke to KPIX about the decision to launch the celebration now.
One San Francisco bookstore is fighting book bans by shipping LGBT+ books to directly the Deep South for free.
Public health officials came armed with a serious message for Pride Month: Get vaccinated against mpox.
Thousands of people gathered on Sunday in downtown San Francisco to celebrate the annual Pride Parade supporting the LGBTQ community.
Maya Rudolph played Harris several times as a guest on "SNL" in 2019, during the 2020 presidential election cycle.
The Peninsula International Dance Festival is drawing dancers from the Bay Area and around the world to the San Mateo Performing Arts Center.
San Francisco officials on Wednesday officially announced details about "Dirtybird: Back to Baysics," a free electronic dance party organized by concert promoter Another Planet Entertainment being held Sunday afternoon.
EA Sports College Football 25, among the most highly anticipated sports video games of all time, has flooded the market.
Satya, a soulful singer-songwriter hailing from the East Bay, is set to make her debut at Stern Grove on Sunday, marking a significant milestone in her career.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
Kelsi Thorud reports on how San Francisco voters are reacting to VP Kamala Harris’ presidential bid. 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
Jose Martinez reports on a deadly shooting in the Tenderloin. 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
Len Ramirez reports on how one San Jose business is getting a head start on California's new standards for paying workers with intellectual and developmental disabilities. (7/22/2024)
Kenny Choi reports on the recovery of San Francisco's tourism industry. 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
Juliette Goodrich reports on a Pleasanton rideshare driver who is searching for the good Samaritan who helped him when he had a medical emergency while driving. 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
A Marin County woman who provides four-legged emotional support for first responders has expanded her nonprofit across the country.
Now into its second decade, a San Francisco nonprofit has been giving inner city kids free surfing lessons. For many, it's their first time in the ocean.
A woman who experienced bullying as a middle school student has spent the last 22 years giving young people a safe place to belong and grow.
More than three million people in the US live with epilepsy, according to the CDC. One Santa Rosa filmmaker is working to make sure they are seen and heard.
A San Pablo no-kill shelter that's considered a last resort for animals is scrambling to find an affordable new home quickly.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.
A onetime pupil has now become a student advisor, giving back after years of mentorship led him to success.
Police departments all over the country are having a hard time finding new officers, but one Bay Area student is criss-crossing the world while preparing for a career in law enforcement here at home.