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Greece may not be very large by gross domestic product or population, but it could be the single most important test for the effects of austerity. Its unemployment rate is now 23.1%, second only to...
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The report on second-quarter productivity and unit labor costs is out from the Labor Department after last week’s surprise nonfarm payrolls gains. Productivity (hourly output) rose by 1.6% versus...
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A new poll from Gallup shows that people who live in North Dakota report the best hiring situations among their employers, compared with people in any other state. With an index of 34, North Dakota...
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The U.S. Labor Department said in its latest Job Openings and Turnover Survey that job openings at U.S. workplaces rose to 3.76 million in June from 3.66 million in May. Year over year, job openings...
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The story of American business has been about shipping the country’s manufacturing jobs overseas. However, there is another part of the story. Every year, American companies hire thousands of...
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Last Friday, the Bureau of Labor Statistics reported that the U.S. gained 163,000 new jobs on a seasonally adjusted basis. But the nonadjusted numbers tell a very different story. Nonfarm employment...
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As the intellectual property lawsuit of Apple Inc. (NASDAQ: AAPL) against Samsung in Australia progressed, the South Korean company has accused the American one of tampering with witnesses. According...
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Every month, the U.S. Department of Labor announces the official unemployment figures. On Friday, it reported that the unemployment rate rose from 8.2% to 8.3%, and immediately the news captured the...
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Today was J-DAY! Jobs Day. The report from the Labor Department indicated that in the month of July the unemployment rate ticked up to 8.3% from 8.2%. The big surprise came in the form of nonfarm...
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The Labor Department is out with its report on weekly jobless claims. What makes this report so important today is that this gives a final look at the official Labor Department data before the...
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Bloomberg reports that a car industry expert in Europe claims sales trouble due to the slow economy and vicious competition could cost 500,000 jobs within the sector. According to Bloomberg: The...
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The ADP payrolls projection for the month of July is going to act as a potential boost to the key unemployment and payrolls data due this Friday. ADP said that its projection of private...
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It is very likely that by the time Ben Bernanke and friends at the Federal Reserve make their Wednesday announcement on rates and on quantitative easing measures that the FOMC will have a very good...
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Deutsche Bank AG (NYSE: DB) is going to please Wall St., although perhaps not its investment professionals employed by the bank. The company is suffering lower losses, so to combat that it will be...
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The Financial Times is the latest medium to point out that America may have an economically lost generation. “The jobless rate for Americans age 16 to 24 is above 16 per cent, more than twice the...
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