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The ADP national employment report for June is often considered a prelude to the tone of the following day’s real unemployment report from the Labor Department. The ADP report for June is out at...
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This morning came a report from the Conference Board that is the new version of the old “Help Wanted” Index. There is still a gain in online job postings since March of 35,000, but the reading...
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The Labor Department has released its latest data on weekly jobless claims. The figure came in at 627,000, a gain of 15,000. We had a Dow Jones consensus looking for 605,000 and Bloomberg had...
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The New York Times (NYT) and the largest union at The Boston Globe have reached an agreement that will almost certainly keep the paper operating, but that could change sometime next year. The Times...
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There have been hopes, over and over, that the jobs data would get better. Or at least less-bad as we have been discussing for about 3 or 4 months when the data started looking as though it was at...
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Today marks the ultimate backlash against the once unlimited and unprecedented growth of social media. News Corp. (NYSE: NWS) has announced in a press release that about 30% of the MySpace...
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The Labor Department has released its new round of weekly jobless claims. The jobless claims filed last week came in 601,000, and Bloomberg showed the consensus estimate from economists as...
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It is not too unusual for rumors to circulate that certain components of economic data contained errors or were just wrong in an instance where the actual number is so far off from expectations. ...
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We have gotten the unemployment and jobs data for the month of May from the Labor Department, and the data is very mixed on unofficial numbers. The report came in at 9.4% unemployment and the...
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There is a growing confidence among Chief Executive Officers. A report by Chief Executive magazine noted that there is another strong resurgence in May from responses by top executives. The...
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The Labor Department has just released its weekly jobless claims data at 621,000. The prior week’s reading was revised to 625,000 from a prior reading of 623,000. The consensus estimates from...
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ADP’s jobs data is showing an expected jobs decrease of some 532,000 for the month of May. The data for April also showed that the job losses were revised down to 545,000. The cuts were all over...
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This Friday is going to mark the highest rates of unemployment that many investors and many in our producing economy have seen in their professional lifetimes. The last time the real unemployment...
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The UAW under Walter Reuther was arguably the most powerful union in the United States negotiating contracts with all of The Big Three on what became a pre-set cycle. Reuther got union members the...
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Weekly Jobless Claims just came out from the Labor Department and the most recent data shows a drop of 13,000 on a revised basis to 623,000. The data from the week before was revised to 636,000...
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