ADVISORY/Experts Available To Discuss California's Job Loss, Decreased Unemployment Rate.Business Editors ADVISORY... --(BUSINESS WIRE) TOPIC: California's Employment Development Department reported the state's labor market labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience took a hit in November as 14,400 jobs were lost, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. an article by the San Francisco Chronicle The San Francisco Chronicle was founded in 1865 as The Daily Dramatic Chronicle by teenage brothers Charles de Young and Michael H. de Young.[2] The paper grew along with San Francisco to become the largest circulation newspaper on the West Coast of the . Despite the job losses, the unemployment rate still managed to fall from 6.7 percent in October to 6.4 percent in November. Experts note California's economy seems divided as Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, shows a fairly strong job market, while the Bay Area seems to be struggling. EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story: Chuck Pappalardo, managing director of Trilogy Venture Search, is available to comment on this, particularly as it relates to the employment picture. According to Mr. Pappalardo, the job outlook is not quite as bleak as the statistics may indicate. He notes, " While there may not be a net gain in jobs in the near future, market activity has picked up considerably and we see this as a positive sign. Globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation is certainly impacting employment opportunities but not just in a negative fashion: One new, hot opportunity is the vice president of logistics position as there is a growing need for experienced executives that are skilled in overseeing global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. , and managing sourcing and procurement, inventory, contract negotiations, vendor relations, and transport logistics. We also predict somewhat of a backlash as it relates to outsourcing production overseas-companies will realize the corporate culture and cohesiveness are just as essential to productivity as costs." PR Contact: Renay Fanelli 415-457-7180 renay@wire-to-wire.com Keitaro Matsuda is senior vice president responsible for economic research for Union Bank of California Union Bank of California is one of the 30 largest commercial banks in the United States. It has 327 branches, the majority of which are in San Diego, Los Angeles and Orange Counties. , N.A. Matsuda and his team monitor economic trends and development for UBOC UBOC Union Bank of California management and customers, primarily focusing on the economies in California and the Pacific Northwest. The office also tracks the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. economy and banking industry trends in Asia and the Pacific, where the majority of UBOC's international offices are located. Matsuda has more than 20 years of experience in the United States with UBOC and its affiliate, The Bank of Tokyo-Mitsubishi, Ltd. Its primary subsidiary is Union Bank of California, N.A., the third largest commercial bank in California with 254 banking offices in California, six banking offices in Oregon and Washington, and 15 international facilities. The Web site is located at www.uboc.com. PR Contact: Kathryn Madden 415-765-2617 kathryn.madden@uboc.com Julie Meier Wright, of the San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. Regional Economic Development Corporation, can discuss the strengths of the San Diego economy, and obstacles that affect regional economic competitiveness. She has extensive understanding of and experience with legislative issues based on her time as the Secretary of Trade & Commerce for California from 1991-1997. Due to involvement in regional economic development, Meier Wright is well equipped to analyze new economic/business trends including international business and energy issues, and offer insight as to how those trends may affect the San Diego region. PR Contact: Cindy McHugh 619-234-8484 cm@sandiegobusiness.org ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue. ExpertSource provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at http://www.businesswire.com/. |
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