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The United States is becoming a one of the lower-cost manufacturing centers in the world, according to a new study by the Boston Consulting Group (BCG). Low labor and energy costs are expected to...
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The U.S. Labor Department has released the latest report of weekly jobless claims. After the claims had been trending in the wrong direction in prior weeks, this preliminary claims report came out at...
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The math is very crude. The Wall Street Journal reports that Bank of America Corp. (NYSE: BAC), still desperate to turn itself around, will fire 16,000 people this year. Compare that to the 100,000...
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In 2010, U.S. firms hired an estimated 627,000 temporary workers to help meet demand for customer service, package handling and warehousing. Of that total, about 495,000 were hired in retail stores....
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Coal miner Alpha Natural Resources Inc. (NYSE: ANR) announced today that it was “idling” eight mines in Virginia, West Virginia and Pennsylvania and eliminating about 400 jobs in an effort to...
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Gallup released a poll that shows what almost everyone already knows. More than 60% of people with college educations and who are between 25 and 52 years old have jobs — specifically “full-time...
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A person who graduated from Dartmouth last year was expected to make $51,600 in his or her first job. It makes sense. Dartmouth is an Ivy League school that graduates the best of the best students....
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The most recent Gallup unemployment survey reported that the unadjusted U.S. unemployment rate in mid-September fell from 8.1% in August to 7.9%. The polling firm’s seasonally adjusted rate...
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At the core of the Federal Reserve evaluation of the economy as it embarks on QE3 sits its forecast for job creation. The “central tendency” figures in the forecast from the Federal Open Market...
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The U.S. Labor Department has released its weekly jobless claims report and it showed a gain to some 382,000 claims — that is headed the wrong way. The prior week was revised to 367,000 from a...
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The U.K. Office for National Statistics reported that unemployment in the three months that ended in July was 8.1%. The is up from 8.0% for the three months that ended in June. The actual change was...
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The Labor Department has more data out that supports the theory that the very disappointing payrolls data from August will not be remedied in September. The Labor Department showed that its total...
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Hewlett-Packard Co. (NYSE: HPQ) will lay off 29,000 people instead of the 26,000 it originally announced as it struggles to improve performance. Royal Philips Electronics N.V. will cut the 2,200 jobs...
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Gold bugs are finding a mixed reception today, but there is some concerning news out of South Africa that may resemble a bit of the same concern after deadly police responses during a labor strike...
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Debate over how many jobs the United States loses to China has gone on for years. Today, China is one of the two largest manufacturing economies in the world. The other is the United States. Many...
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