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In a report from the Fair Labor Association (FLA) published yesterday, Apple Inc. (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co., better known as Foxconn, is ahead of schedule on correcting a...
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Denmark-based Vestas Wind Systems A/S, the world’s largest maker of wind turbines, reported second-quarter results early this morning. The company posted revenue of €1.61 billion ($2.0 billion),...
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The most recent Gallup unemployment survey reported that the unadjusted U.S. unemployment rate in mid-August rose from 8.2% at the end of July to 8.3%. The polling firm’s seasonally adjusted rate...
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The report on weekly jobless claims is now out from the Labor Department, and the number of claims gained 2,000 to total 366,000. Bloomberg and Dow Jones were both looking for 365,000 for the week....
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As much of the world made a modest recovery from the recession, many people were still worried about their jobs last year. But, those concerns returned to prerecession levels — similar to the...
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Flickr, James SarmientoA group from the Georgetown Public Policy Institute has come out with an extraordinary analysis of the labor market and its relationship to educational attainment. It is titled...
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Between June 2011 and June 2012 the nation added more than 1.7 million jobs. At the same time, the number of government jobs fell by more 200,000. While the national economy has improved since the...
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Groupon Inc. (NASDAQ: GRPN) may be the first of the large Web 2.0 companies that has gone public in the past year to lay off workers. At least it should be. The public corporation’s results pushed...
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We’ve noted already that Google Inc. (NASDAQ: GOOG) and Apple Inc. (NASDAQ: AAPL) are defying today’s sell-off trend and that the search giant got an upgrade to ‘overweight’ with a $775 price...
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The slowdown in global economic growth is taking a toll on FedEx Corp. (NYSE: FDX) and the company today announced a move to try to cut expenses. The company will offer voluntary buyout incentives to...
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Balancing work and personal life is often tricky, especially without the support of employers. According to a recent survey conducted by Glassdoor, a jobs and career website where employees can post...
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In an interview with the San Francisco Chronicle, San Francisco Federal Reserve president John Williams said that the slow economic recovery and the continuing high unemployment have persuaded him...
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Greece may not be very large by gross domestic product or population, but it could be the single most important test for the effects of austerity. Its unemployment rate is now 23.1%, second only to...
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The report on second-quarter productivity and unit labor costs is out from the Labor Department after last week’s surprise nonfarm payrolls gains. Productivity (hourly output) rose by 1.6% versus...
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A new poll from Gallup shows that people who live in North Dakota report the best hiring situations among their employers, compared with people in any other state. With an index of 34, North Dakota...
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