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The reason for high unemployment figures in the US and the chance they will improve have been based on two opposing theories. The first is that jobs were lost because of the recession. The second is...
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A report at The Wall Street Journal’s All Things Digital blog, cites several sources confirming that Yahoo! Inc. (NASDAQ: YHOO) will begin firing workers next week. The company employs about 14,000...
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The Fair Labor Association found problems at three plants run by Apple (NASDAQ: AAPL) supplier Foxconn. Oddly enough, these come as Apple CEO Tim Cook visits China where the plants are based. The...
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The Labor Department’s report on weekly jobless claims is out and the report showed a drop of 5,000 to 359,000 for the prior week. Bloomberg had estimates of 350,000 and Dow Jones was calling for...
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Federal Reserve Chairman Ben Bernanke is giving a speech at the National Association for Business Economics Annual Conference in Washington, D.C. titled simply “Recent Developments in the Labor...
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The Labor Department’s reports on weekly jobless claims and producer prices are out and mostly in-line with expectations. Claims came in with a drop of 14,000 to 351,000 and the prior week was...
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Market participants now have the awaited data from the U.S. Labor Department on February unemployment and payrolls. The official unemployment rate came in at 8.3%. The target from Bloomberg and...
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The U.S. Labor Department is out with its weekly jobless claims and this is effectively the last-look figure before Friday’s key unemployment and non-farm payrolls data. Jobless claims rose by...
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ADP is releasing February jobs creation showing that private sector added 216,000 jobs. Dow Jones was calling for 215,000 and Reuters was calling for 216,000. This is a good figure and it should...
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Small business is supposed to be the most important engine of the jobs market. Many economists believe that companies with fewer than 20 workers account for more than half of all U.S. jobs. The...
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Tesco (NASDAQ: TESO), the largest retailer in the UK, said it would add 20,000 jobs between now and 2014. It is the largest employer in the UK, with 270,000 workers. The move is an aid to a troubled...
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The data this morning from the Labor Department is not great news, but it is not awful news either. The weekly jobless claims came in 351,000 from a revised figure of 353,000 a week ago. ...
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Federal Reserve Chairman Ben Bernanke is delivering his semiannual Monetary Policy Report to the Congress before the Committee on Financial Services at the U.S. House of Representatives this...
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The U.S. Labor Department is out with its report on weekly jobless claims were unchanged after a revision higher the week before. That puts the claims for the last week at 351,000 and the prior...
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