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Have you been wondering what these extremely low interest rates are doing to pension plans? Quite simply, they are driving up funding obligations of employers. Fitch Ratings issued a report...
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The question will be is it enough?. After wide-spread consumer complaints about the manufacturing worker conditions at Apple (NASDAQ: AAPL) supplier Foxconn, and Apple’s alliance with watchdog...
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In a move meant to turn the Postal Service to a profit and turn its net debt into cash, the management of the agency proposes that 155,000 jobs be eliminated between this year and 2016 The plan...
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The Labor Department is out with two market-moving reports. The weekly Jobless Claims came in at very impressive levels compared to the past and the Producer Price Index looks a bit mixed between...
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Overall union membership in the U.S. increased last year — the first time it did not decline since 2007. The story gets slightly complicated when comparing union membership in the private sector...
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The Labor Department has just given its newest report on Weekly Jobless Claims and the news is heading more and more in the right direction. The new rate is down to 358,000, and the prior’s weeks...
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The Greek ruling coalition has said it will cut 15,000 government workers as an austerity sacrifice to the European Commission, European Central Bank and International Monetary Fund. The...
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There was a huge surprise from the Labor Department this morning to the upside. The non-farm payrolls grew by a whopping 243,000 and that was far higher than almost all economists were projecting...
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The weekly jobless claims data from the Labor Department showed a continued trend of improvement this morning. The new jobless claims fell by 12,000 to 367,000 in the week ended January 28. The...
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The Challenger jobs data for January is offering another preview of data for Friday’s non-Farm and unemployment data from the Labor Department. The January cuts were 53,486 and that is up 28%...
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ADP is out with its pre-unemployment data for the month of January. The effort aims to front-run the Labor Department’s non-Farm Payrolls projections. The new report from ADP is predicting that...
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EU leaders want to put aside as much as 22 billion euro to stimulate youth employment in the region. The sum is not likely to be enough because more than 5 million young people in the region who want...
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The Labor Department is out with data on the weekly jobless claims. While the week was ahead of a three-day weekend, the report showed that weekly jobless claims fell by a whopping 52,000 down to...
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The fear that a drop in public sector jobs could undermine overall national employment has become a reality. The economy may have added an average of over 100,000 jobs each of the past six months....
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The US Labor Department’s reading on weekly jobless claims rose by 24,000 to 399,000 and there was a revised higher figure. The prior week’s 373,000 was revised higher to 375,000. Some of the...
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