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The Labor Department reported that there were 3.4 million open jobs nationwide in September. Most analysis of the number said that this was great progress over the 3.1 million level in August. The...
AMD (NYSE: AMD), the perpetually badly run chip company, will cut 10% of its workers. The firm has labored in the shadow of larger rival Intel (NASDAQ: INTC) for over a decade. AMD’s trouble has...
The good news is that the Federal Reserve is not calling for a recession and it still is calling for growth ahead.  While we noted even last week that there were 10 indicators signaling that the...
The International Labour Organization warned in its “World of Work” report that “a stalled global economic recovery has begun to dramatically affect labour markets.” A major labor body has an...
Ford’s (NYSE: F) new UAW contract is good news for the auto company’s financial future but bad news for workers, who will have a stagnant standard of living. It is another example of how...
New car sales in September are estimated to have risen 19% year-over-year, though down -5.5% sequentially. The seasonally adjusted annual rate of new car sales is now set at about 12.9 million new...
The Labor Department has released its tally on the weekly jobless claims and the net post-revision data does not show much.  The prior week’s reading was revised from 404,000 to 409,000 and the...
The number of jobs in the US solar industry has risen by 6.8% year-over-year from August 2010 to August 2011. Over 100,000 people are now employed in making, selling, and installing solar systems in...
The reading on the weekly jobless claims were down marginally after a slight revision higher from the prior week’s report.  The Labor Department reported that weekly jobless claims were down 1,000...
Somehow, someway, the official employment data from the Labor Department managed to hold up in September.  The Labor Department reported that September’s unemployment rate was flat from the...
The weekly jobless claims from the Labor Department is not showing any hope for a surprise win on the unemployment and non-farm payrolls data due Friday morning.  The report from the prior week was...
The game of predicting the Labor Department’s data on Non-Farm Payrolls and Unemployment before the first Friday of each month is truly nothing more than a game.  Estimates fluctuate wildly and...
More bad news from Europe. Spain’s Employment Minister Valeriano Gomez told CNBC that a slow economy almost certainly will cause his country to miss growth targets. About the same time he was...
The highest rate in almost 30 years, nearly one and six Americans lived in poverty last year, according to recently released data from the U.S. Census Bureau. Many states choose to combat poverty...
Automaker Ford Motor Co. (NYSE: F) and the United Auto Workers (UAW) union have reached a tentative agreement on a new contract. The UAW reached a deal with General Motors Co. (NYSE: GM) last month...