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thinkstockAfter a highly controversial drop in the unemployment rate to 7.8% from 8.1% in September, we now have the October unemployment rate announcement from the Labor Department. The official...
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ThinkstockAtlanta Federal Reserve President Dennis Lockhart suggested in a speech today in Chattanooga, Tennessee, that the Fed needs to look beyond the headline unemployment rate and additions to...
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ThinkstockWe have two more key economic and labor reports ahead of Friday’s key payrolls and unemployment report. The third-quarter preliminary nonfarm productivity and unit labor costs have been...
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ThinkstockThe ADP National Employment Report for the month of October is out and it shows under its new methodology that the U.S. private sector added some 158,000 jobs in the month. Dow Jones was...
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ThinkstockMore bad news is coming on the jobs front, if Challenger, Gray & Christmas is right in its assessment. The report for the month of October shows that layoffs rose by 41% from the prior...
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The EU statistics agency Eurostat reports that the unemployment rate in the eurozone climbed to a record 11.6% in September. That was up from the 11.5% reported for August, and exceeded the 11.5%...
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ThinkstockThe markets may have been closed for two trading days this week due to the hurricane, but key economic data is still likely to be released this week from the Labor Department’s read on...
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Package delivery giant United Parcel Service Inc. (NYSE: UPS) said yesterday that it plans to hire 55,000 seasonal workers to sort, load, and help deliver packages during the coming holiday season....
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ThinkstockSpain slipped further into recession, which means that its need for aid has accelerated. Its gross domestic product for the third quarter dropped 0.3%, on top of a drop of 0.4% in the...
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ThinkstockUBS A.G. (NYSE: UBS) has made it official. It will cut 10,000 jobs, primarily in its fixed-income operations. The financial firm said the move will save it $3.6 billion over the next three...
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What some people have called the most important U.S. employment report ever may not be announced as scheduled this Friday. The U.S. Labor Department’s Bureau of Labor Statistics (BLS) usually...
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courtesy of ebayIt was just last week that 24/7 Wall St. announced the new Layoff Kings For Late 2012. While eBay Inc. (NASDAQ: EBAY) was not officially listed as a layoff company, we had noted that...
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Groups that represent manufacturers and the manufacturers themselves constantly complain that the unfair trade practices employed by China have largely wrecked their industries and continue to do so....
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Spain’s National Statistics Bureau reported today “El número de parados crece en 85.000 personas y alcanza la cifra de 5.778.100. La tasa de paro se incrementa 38 centésimas hasta el...
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The U.S. Labor Department is out with its weekly jobless claims report from the prior week. We would note that weekly jobless claims have been a bit skewed because of a delay in California’s claims...
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