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What to know about California unemployment benefits under Biden


What to know about California unemployment benefits under Biden
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A sign in a Valencia Street restaurant announces its closure. The city is shut down because of the coronavirus.Gabrielle Lurie / The Chronicle 2020Show MoreShow Less
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Yoshi’s restaurant and jazz club in Oakland has been closed for many months because of the pandemic.Sarahbeth Maney / Special to The Chronicle 2020Show MoreShow Less
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Hal Campos, CFO and general manager of Yoshi’s in Oakland, hopes his club can reopen soon.Sarahbeth Maney / Special to The Chronicle 2020Show MoreShow Less
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Punjab Restaurant on 24th Street in San Francisco is one of the many restaurants that has had to close due to shelter-in-place edicts.Scott Strazzante / The ChronicleShow MoreShow Less ....

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UC Berkeley: California Fears Human, Economic Crisis As Washington Relief Talks Continue


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High-stakes negotiations underway in Washington, D.C., over a new round of pandemic relief funding could help California to achieve a relatively quick recovery or, if they fail, contribute to an economic slump that lasts for years, UC Berkeley scholars say.
In a series of interviews, experts said a new COVID-19 relief package could provide critical aid to vulnerable groups as the pandemic renews its devastating surge. Millions of unemployed workers are slated to lose their benefits on the day after Christmas, and hundreds of thousands of renters could face eviction in the new year. Hard-hit small businesses, child care centers, local governments and universities also face historic financial threats. ....

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American Aircraft Manufacturing Rises 2.1%


American Aircraft Manufacturing Takes Flight
American manufacturers of aircraft and parts boosted their output by 2.1% in November compared with October, according to new data from the Federal Reserve. Remarkably, production of planes and their components has almost completely returned to its February level.
That makes the sector relatively unusual. Among the major categories of manufacturing, only semiconductors and motor vehicles have done as well. By contrast, America’s overall manufacturing sector is still about 4% below where it was before the pandemic, with notable weakness in electrical equipment (including appliances) and fabricated metal products.
This doesn’t mean the aircraft manufacturers are out of the woods. In fact, they began cutting production before the pandemic affected the U.S. and Europe. Output fell sharply in January and February, thanks to lower orders from Chinese airlines. As a result, it’s still down about 16% from the end of 2019. And ....

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