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When we saw that the Labor Department reported a 30,000 drop in weekly jobless claims, the initial thought was that more suspect calculations may be involved. Then the thought that perhaps things may...
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The U.S. Labor Department has released its count on weekly jobless claims, and the report shows a stellar drop of 30,000 to 339,000. The prior week was revised higher to 369,000 from 367,000...
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It is never a good sign when a global corporation with customers across almost the entire world and a broad array of businesses says it will cut workers because of the economic slowdown. But A.G....
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Greece has joined Spain as one of the only two countries in the European Union with an unemployment rate above 25%. The new figure — 25.1% — coupled with a gross domestic product decline that...
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The Bureau of Labor Statistics has released its monthly job openings report showing that there were some 3.56 million job openings on the last business day of August. The BLS said that this was...
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In labor actions that union leaders called the first ever strike against Wal-Mart Stores Inc. (NYSE: WMT) and that company officials called a “publicity stunt,” employees at 28 of the company’s...
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After last Friday’s nonfarm payroll report was released, Jack Welch, former CEO of General Electric Co. (NYSE: GE), tweeted that the Obama administration had juggled the numbers in an effort to...
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The Conference Board is showing a rather different picture from what the U.S. Labor Department showed with the unemployment rate almost magically dropping to 7.8% in September from 8.1% in August....
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In a tracking survey that estimates the percentage of the U.S. population employed at least 30 hours a week, Gallup reports that the Payroll to Population (P2P) employment rate fell from 45.3% in...
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The Labor Department has released data on the September unemployment rate that is almost unbelievable. The official September unemployment rate is now magically put at 7.8%, versus a reading of 8.1%...
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More small businesses shed employees in September than added new employees, according to the latest survey from the National Federation of Independent Businesses (NFIB). The net change in seasonally...
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Ahead of tomorrow’s official release of the U.S. unemployment rate, Gallup today said that its non-seasonally adjusted rate fell from 8.1% in August to 7.9% in September. The final September figure...
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In a brief filing with the SEC, Google Inc. (NASDAQ: GOOG) said that costs associated with a previously announced staff reduction at newly acquired Motorola Mobility would be 9% higher than...
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The Labor Department is out with its weekly jobless claims as the last formal report ahead of Friday’s key unemployment and nonfarm payrolls data. Last week we saw a gain of 4,000 jobs 367,000...
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U.S.-based employers planned to cut 33,816 jobs in September, according to outplacement firm Challenger, Gray & Christmas That was up 4.9% from 32,229 in August, as well as 71% lower than in...
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