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ThinkstockWeekly jobless claims from the Labor Department had shown three consecutive increases, but that is now being undone. The weekly claims fell by a sharp 42,000, from 388,000 down to 346,000...
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Ed Brown, via Wikimedia CommonsThe most important report about U.S. jobs is not the monthly numbers released by the U.S. Department of Labor, nor the ADP review of private sector payrolls. The Job...
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ThinkstockThe wage gap between men and women will not close for 45 years, according to new research from the Institute for Women’s Policy Research. The group found that the wage gap will instead...
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ThinkstockThe real terror of the March unemployment figures was not that the economy added only 88,000 jobs. Much worse than that is the lack of improvement in the situations of those battered the...
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Ed Brown, via Wikimedia CommonsFriday’s report from the Labor Department is finally here. We had seen lowered expectations ahead of this report due to weaker reports from weekly jobless claims, ISM...
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Ed Brown, via Wikimedia CommonsThe U.S. Employment Situation from the Labor Department is looking as though it will be less and less bullish for the markets on Friday. We will get to the predictions...
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ThinkstockThe U.S. Labor Department is out with its final report ahead of Friday’s key Employment Situation report. Weekly jobless claims rose handily and well above expectations. Last week’s...
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Ed Brown, via Wikimedia CommonsTwo constants dominate most discussions of how a multiyear recovery from terrible unemployment would need to progress. The first is that an historically large number...
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ThinkstockWe already saw a less robust outlook from TrimTabs showing that estimated job growth for March was 156,000. That was up from its 100,000 job growth February estimate, but the report shows...
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ThinkstockEach and every month the markets get to digest new unemployment and payrolls data. While the U.S. Labor Department’s formal report called the Employment Situation is out at 8:30 a.m. each...
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ThinkstockThis Friday we will get to see the Labor Department’s employment situation report. If one number can influence the markets in a major way, the payrolls data would be considered one of the...
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ThinkstockEurostat reported that unemployment in 17-nation euro area continues to hover at 12%. It is worth remembering that, at the depths of the recession, U.S. joblessness barely topped 10% during...
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ThinkstockThe February report for the purchasing managers index (PMI) came in at 54.2, a number that indicates expansion in the economy. Even better, the new orders index posted a reading of 57.8....
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Ed Brown, via Wikimedia CommonsStocks are fighting to get into positive territory on Thursday, ahead of a long three-day weekend in celebration of Easter. We have two key reports that investors are...
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Ed Brown, via Wikimedia CommonsAll job creation is local, which makes national unemployment numbers flawed as a measure overall economic activity. Nothing shows this better than recent data on job...
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