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Editorials argue that employment figures show resilience in the U S economy despite gloom. Using Labor Department data from 1973 to 1974, the piece notes total employment around 85.6 million in November and payroll employment dipping from summer peaks yet stabilizing, urging confidence and an honest reading of job data.
MENTIONED IN THIS ARTICLE
Department of Labor
U. S
Wall Street Journal
Journal
John O'Riley
Ford
U. S. Steel
Christmas cash registers ring in late South County sales
Merchants say Christmas buying surged across South County with stronger than last year sales. J Paul George of Southland Shopping Center notes a last minute buying crush as shoppers fill malls and carry packages all day. Other centers report better season than previous year though inflation drives spotty price rises and cautious retail planning for spring.
MENTIONED IN THIS ARTICLE
J. Paul George
Southland
Ayward
Fremont Hub
Herb Way
Hayward
Savings on the increase across South County banks
South County residents boosted deposits in major banks and savings and loan associations amid a nationwide trend driven by recession anxieties. Bank of America spokesman John Wood notes San Leandro San Lorenzo deposits up 11 percent year over year, with Hayward showing stronger gains and expectations of lower short term loan rates mid next year.
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South County
John ‘Wood
Bank of America
Wood
San Leandro
San Lorenzo
Hayward
Ruth Wilson
Federal Reserve Bank
San Francisco
Miss Wilson
California
Utah
Idaho
Nevada
Arianna
Hawaii
Washington
Oregon
Savings and Loan Associations
Cannon
Treasury
Savings and
Federal Savings and Loan Insurance Corporation Insurance
Federal Home Loan Bank of
Hayward sees higher city sales tax revenues in new fiscal year
Hayward Finance officer McCormack sees sales tax revenue near 1.7 million, with property taxes totaling about 5.06 million for the fiscal year. He notes national stagnation but expects sales and tax revenue to improve, while cautioning timing of Christmas sales data and state market shifts.
MENTIONED IN THIS ARTICLE
Hayward
Hayward Finance
Antae
McCormack
Peta
Eves Iean Rekai
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