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We have seen some additional data ahead of Friday’s key employment report, although we would note that this is only a small snapshot that is likely not large enough to make any broad determination....
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This Friday is going to be a very important employment situation report from the U.S. Labor Department. It will be the next to last unemployment report before the November presidential election. Also...
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The unemployment level in the euro area (EA17) rose to 11.4% in August, which matched July’s number. The jobless figure for the broader EU27 was 10.5%. Both figures demonstrate the extent to which...
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The German Federal Labor Agency announced an increase in unemployment, which is likely to put a strain on Angela Merkel’s hold on the country and her efforts to use German money to help with...
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Internet jobs site Glassdoor has released its 2012 list of the 25 U.S. companies that offer the best career opportunities. The company also produces a list of the best places to work and the top...
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flickr/incendiarymindOver the past three decades in the U.S., income from labor (wages, salaries, pensions, etc.) has been declining even as capital income (interest, dividends, investment returns,...
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Worker productivity is among the most critical measurements used when evaluating businesses and national economies. One way to measure productivity is sales per employee. Companies that can achieve...
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Toys”R”Us will add 45,000 temporary jobs for the holidays. As retailers usually announce, some of these people may get full-time jobs. Of course, most will not. If consumers continue to be...
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From October through December last year, U.S. retail payrolls added 660,200 workers according to outplacement firm Challenger, Gray & Christmas. That was barely more than the 647,600 seasonal...
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Chinese state media reported Monday on a mass brawl among up to 2,000 workers at a Foxconn plant in Taiyuan, in Shanxi province. Foxconn’s Taiwanese parent company Hon Hai said in a statement that...
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Why does the stock market keep rising? Apparent reasons for it to do so have begun to disappear. The S&P 500 and NYSE sit at multiyear highs, though the NASDAQ remains well below its 2000...
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Breaking with its past practice, Wal-Mart Stores Inc. (NYSE: WMT) said today that it plans to hire about 50,000 seasonal workers and to boost hours for its regular employees during the 2012 holiday...
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The United States is becoming a one of the lower-cost manufacturing centers in the world, according to a new study by the Boston Consulting Group (BCG). Low labor and energy costs are expected to...
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The U.S. Labor Department has released the latest report of weekly jobless claims. After the claims had been trending in the wrong direction in prior weeks, this preliminary claims report came out at...
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The math is very crude. The Wall Street Journal reports that Bank of America Corp. (NYSE: BAC), still desperate to turn itself around, will fire 16,000 people this year. Compare that to the 100,000...
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