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Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM) announced it will cut 4,000 part-time jobs and another 13,000 contract positions in its mortgage business. The bank blamed weaknesses in the...
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ThinkstockFor some reason, investors and the rest of the world are fascinated by the decision of Yahoo! Inc. (NASDAQ: YHOO) management to halt the ability of people to work from remote offices. Now,...
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ThinkstockThe economy has started to add jobs again, at a rate of 150,00 or better each month. Government data and that from private sector experts have shown that many of the jobs added are not as...
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Ed Brown, via Wikimedia CommonsWhen the Bureau of Labor Statistics issues its national employment numbers each month, private payrolls are separated from government payroll data, which includes...
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ThinkstockWe had two reports on the labor situation in America this Thursday. The weekly jobless claims is of course very current, while the report on worker productivity and unit labor costs is a...
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Ed Brown, via Wikimedia CommonsState unemployment can only improve so much if the states with the highest jobless rates do not have a turnaround in hiring, obviously. So far, that has not been the...
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ThinkstockGallup’s Job Creation Index fell from 17 in December to 16 in January, the lowest level in 11 months. The index for nongovernment jobs fell from 20 in December to 18 in January, the...
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Wikimedia CommonsThe country’s largest home improvement store, The Home Depot Inc. (NYSE: HD), announced this morning that it has begun hiring the first of more than 80,000 seasonal employees to...
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ThinkstockThe best part of any budget is the part in which its architects forecast what will happen years into the future. Nations, companies and nonprofits have five-year plans. Most of these plans...
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ThinkstockOver the past 12 months, more small businesses have fired employees than hired new ones, according to the latest Wells Fargo/Gallup small business index. The January index reading of -10 is...
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Ed Brown, via Wikimedia CommonsThe Labor Department is out with its critical monthly employment situation report. Wall St. will not exactly be cheering, although the news is not exactly awful. The...
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Ed Brown, via Wikimedia CommonsThursday brought on a slew of economic data ahead of Friday’s key unemployment and nonfarm payrolls data. The Labor Department and jobs watchers have some good news...
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ThinkstockGermany’s Federal Labor Agency reported that unemployment in the country improved very slightly in January. Those unemployed dropped a mere 16,000 to a seasonally adjusted 2.92 million....
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Jon OggThe Conference Board’s monthly report on consumer confidence in the month of January is out, and the number is not pretty. The reading came to 58.6, which is the weakest reading in more than...
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Courtesy General Motors Co.A new 450,000-square foot paint shop, a new stamping press, and other upgrades to the General Motors Co. (NYSE: GM) Fairfax plant in Kansas City will cost the company $600...
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