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Challenger, Gray & Christmas remarked that layoffs moved higher in June. “The number of planned job cuts announced by U.S.-based employers increased by 4,297 or 11.6 percent to 41,432 in...
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The data on the weekly jobless claims from the U.S. Labor Department is again supporting why the end of QE2 just doesn’t matter. The Labor Market remains tight and workers are getting fired at a...
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The weekly jobless claims just keep offering no real support to the labor market. Data released by the U.S. Labor Department showed that the weekly jobless claims rose again. The prior week’s...
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The FOMC already voted to keep rates at zero today, but now we have an economic outlook that has come out for what Ben Bernanke and friends see as the target economic data for this year and next. ...
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The Labor Department has shown a slight improvement in the weekly jobless claims. The weekly reading fell by 16,000 to 414,000 and that 430,000 from the prior week was revised from the preliminary...
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The weekly jobless claims data from the Labor Department is not getting off to the right start for June after we saw an uptick in the unemployment rate in May. Rather than contracting, the claims...
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The Labor Department has confirmed the ghastly jobs data that the ADP figures and the weekly jobless claims figures were indicating. The unemployment rate came in higher at 9.1% and the change in...
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The May ADP numbers are awful, showing that the US economy added only 38,000 private sector employees. Public sector jobs are likely to fall as well as austerity measures at the federal, state, and...
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The ADP report comes out on the first Wednesday of each month and sometimes is considered a barometer for each Friday’s unemployment report from the Labor Department. If May’s reading from ADP...
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Homebuilder PulteGroup Inc. (NYSE: PHM) employed more than 13,000 people at the end of 2005. The company now employs less than 4,800, and that number is set to fall again, but as many as 10. That’s...
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The data on weekly jobless claims from the Labor Department fell by 44,000 in the last week to 434,000. We had expectations of about 430,000 for the week. Sadly, the already negative reading of...
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The Labor Department just gave the markets and the economy some good news and bad news in its employment data this morning. The headline data will look bad as unemployment rose, but that might be...
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The Labor Department has given us the last bit of data ahead of tomorrow’s unemployment data with the release of the Weekly Jobless Claims. It is a disaster and this will change the “non-Farm...
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Having a Ben Bernanke press conference immediately after the FOMC meeting where rates were kept at zero in Fed Funds is one thing, but the weakness and the implied economic downgrade is getting a...
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In February, the Equal Employment Opportunity Commission held a public hearing to investigate whether employers are unfairly denying jobs to unemployed applicants. Though the issue was widely...
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