Another blow to the San Fernando Valley economy: Jobs will be slashed at the Woodland Hills office of low-cost auto insurer 21st Century as the company’s operations are consolidated with its new parent, L.A.-based Farmers Insurance Group . Farmers says it expects to cut 554 of 979 jobs at the Woodland Hills location by the end of this year, and 200 more by the end of 2010, my colleague Marc Lifsher reports . American International Group , the federally bailed-out insurance giant, sold
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Data flow continues to support those who argue that if the recession is not already over as of July, it soon will be. The July jobs report - while not exactly cheery news for those still losing their jobs - is another clear indicator that the employment picture is turning. Still, excitement over the end of the recession aside, the data also reveal that the economy is recovering in fits and starts, with tell-tale signals that the consumer orgy of this decade is not likely to be repeated.
Today’s top headlines for parents So far, the swine flu has killed 81 in Mexico … … and sickened 7 in California … 3 in Texas … 2 in Kansas … 10 in New Zealand … … and 100 in New York with 8 prep school students testing positive: Visit msnbc.com for Breaking News , World News , and News about the Economy The Kids Can’t Wait campaign seeks to provide free healthcare to children , no questions asked. Jim Carrey speaks out about vaccines . Dominated by p
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