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There have been at least two occasions where President Obama referred to the direction of the unemployment and non-farm payrolls data before the key report due Friday. Once was just a month ago,...
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The ADP private sector jobs report says that 169,000 people became unemployed in November. This means that the government figures on unemployment for last month will likely indicate that the jobless...
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The Federal Reserve Board’s Beige Book has offered a dismal report and dismal outlook for what is roughly two years now. That can’t be a shock considering how crummy the economy and job...
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There is a slew of economic data hitting the tape this week. Friday’s report from the Labor Department on Unemployment and the change in non-Farm Payrolls will dwarf all economic reports. The...
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We just had a deluge of economic data in Personal Income & Spending for September, a rather solid figure on weekly jobless claims and in continuing jobless claims, and a somewhat tepid durable...
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The Labor Department has just released its figure for weekly jobless claims. The figure came in at 505,000 in the last week, exactly in-line with the Bloomberg consensus data. This is also...
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The Labor Department has just reported its weekly jobless claims data. The new preliminary report puts last week’s initial jobless claims at 502,000, down 12,000 on an adjusted basis from the...
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Applied Materials (NASDAQ:AMAT) can be added to the long list of American companies that made a profit in the last quarter and then fired a significant part of their workforces. It is a disturbing...
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The Labor Department has just reported the unemployment rate and non-farm payrolls data for October. It isn’t pretty. The unemployment rate screamed up into the double-digit territory to...
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We have just seen the weekly jobless claims data, and it gets scary when you consider the readings seen from workforce productivity and unit labor costs. It seems as though employers are driving up...
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Today’s market weakness is being attributed to a myriad of issues, with most profit taking being attributed to added valuation after huge gains not meeting up to the current economy. But there...
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The UAW rank-and-file rejected a labor pact with Ford (NYSE:F) even though the car company offered each member of the union $1,000 to agree to the deal The No.2 US auto company now has to deal...
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The Commerce Department has reported in Q3-2009 Gross Domestic Product figures. We had 3.2% as the official estimate, but Goldman’s drop late yesterday took expectations lower. Bloomberg had...
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If you are often in major airports, it is frankly hard to see how the airline carriers still have pressure compared to six to twelve months ago. The airports and planes are full to the point that...
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All of the optimism from Joe Q. Public may be waning if the most recent data from The Conference Board holds up. Particularly as job anxiety keeps mounting. The October reading fell down to 47.7...
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