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Defense contractor Northrop Grumman cut 642 people from its ship building operation yesterday. That follows another 300 cuts from the same operation last month. The reason given was that the Navy has...
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As the global economy recovers and businesses around the world begin to expand their workforces again, labor shortages are bound to become a mounting issue for the developed world – despite current...
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Forty-five percent of Americans believe they are underpaid. The number should probably be 100%. How many people actually believe that their talents are not worth more money? The press has looked at...
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The Labor Department is out with its latest round of weekly jobless claims. It is uglier than a hat full of toes and fingers. The new figure was 500,000 for the most recent weak, a move that is...
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Several retail analysts pointed out that Walmart’s (NYSE: WMT) earnings and those of Home Depot (NYSE: HD) were helped by rigid cost controls. This is not the first time during the earnings season,...
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Weekly jobless claims are getting worse and worse. At this rate we’ll be above 500,000 per week again very soon. The weekly jobless claims reported by the Labor Department rose by an adjusted...
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The economic recovery continues. At least it is continuing for about 5 of every six workers in America. The Unemployment rate and non-Farm Payrolls data is showing the continuation of a jobless...
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We are supposed to be seeing a gain in jobs and the economic growth is still supposed to be there despite the growth being weak. There is unfortunately no good news on the jobs front. The Labor...
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It may not be much of an economic recovery any longer. The latest weekly jobless claims from the Labor Department shows a bleak jobs picture continuing after what many have hoped would be the...
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The newest minutes from the June 22 to 23, 2010 FOMC meeting is a lowering of economic growth estimates from the Federal Reserve for the rest of 2010. The market has already reflected this in the...
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Northrop Grumman Corp. (NYSE: NOC) is outlining some of the larger issues in the defense and military spending sector. The budget for many major defense programs is far less clear than in decades...
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YRC Worldwide Inc. (NASDAQ: YRCW) is starting to do what many companies do when they have a large business with thousands of shareholders and employees with a low stock price that it is on the verge...
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Ed Whitacre, the former chairman and CEO of AT&T and current head of GM looks like the Wizard of Oz scarecrow—tall and under-stuffed. Whitacre, however, can afford to buy new straw. He took...
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The recovery, if there is a real recovery, is still mostly a jobless one. Expectations for today’s Unemployment and non-Farm Payrolls in June were muted after a weaker ADP number and after weekly...
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ADP released its monthly payrolls data this morning. The bad news is that it came in under expectations and it sets up for a weak Friday report for June Unemployment and non-Farm Payrolls. The...
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