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Numbers out of Eurostat, the statistical office of the European Union, Tuesday indicate that the eurozone’s seasonally adjusted unemployment rate remained at 11.2% in June 2012, unchanged from...
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The Labor Department is back to reporting volatile data on the weekly jobless claims. We saw in recent weeks a big drop and then a big gain. Now we have a drop of 35,000, down to 353,000, for the...
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The hope that the weekly jobless claims picture was getting better after last week’s surprise drop is being squashed. The Labor Department reported that weekly jobless claims rose back up into the...
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Speculation has grown that the only effective way for Yahoo!’s (NASDAQ: YHOO) new CEO to improve the company’s prospects on Wall St. is to make another large round of employee cuts. In many...
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The U.S. finally got some good news on the weekly jobless claims report from the U.S. Labor Department. Jobless claims fell in the last week down by 26,000 to 350,000. It is almost certain that...
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Are job openings really just becoming impossible to fill? Unless you are referring to North Dakota, there should be an ample supply of willing and able-bodied workers that can be hired for an open...
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The government of Norway has ended a 16-day strike against offshore oil and gas producers and killed the threat of an industry lockout that was set to begin at midnight last night. The labor minister...
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An association representing oil companies working on Norway’s continental shelf is preparing for a lockout against striking workers beginning at midnight tonight. If the lockout is enforced, about...
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The US Department of Labor said today that the seasonally adjusted number of new claims for unemployment benefits fell by 14,000 in the week ended June 30th, from a revised total of 388,000 for the...
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While many investors and traders are going to be out, we have two key events to watch this week. The first is a hoped-for rate cut from the European Central Bank on Thursday. Americans will then...
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The report on the Chicago Purchasing Managers Index is showing more and more weakness, but perhaps not as much as expected. The change in the University of Michigan sentiment barometer is weak as...
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The Labor Department’s report on weekly jobless claims is the next to last report before the coming unemployment data in a week and one day. The latest claims figure was down 6,000 to 386,000...
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Apple’s (NASDAQ: AAPL) labor practices in China have been questioned again, just as the company seemed to have gotten criticisms about lead supplier Foxconn behind it. Fortunately for Apple, none...
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Two more economic reports are driving traders into more uncertainty this morning. The so-called Philly Fed was dismal and the ‘not so leading’ Leading Indicators were barely above the red...
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The Labor Department is just looking like it is not going to be source for any good news. With the employment and economic situation worsening again, it may be no real surprise. Today’s data on...
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