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The Labor Department has finally delivered some good news in the weekly jobless claims reading. While the prior week was revised to 428,000 from 423,000 in weekly jobless claims, the current report...
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China is taking American jobs, labor unions, politicians and economists, have accused for some time. The logic is simple. While a manufacturing job in the U.S. may pay $50 an hour, when salary and...
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When companies announce that they are going to lay off thousands of employees, it shouldn’t be any surprise that employee morale drops like a stone. So why do they do it other than for the most...
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GM’s (NYSE: GM) bankruptcy was cause by three things, and one of those was labor costs. The car company and the UAW have set a reasonable agreement as they finish contract negotiations and it may...
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Weekly jobless claims are heading the wrong way and all we can hope is that there is some hurricane and storm bump that has been in this report. The Labor Department, which should soon be called...
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Northern Trust Corporation (NASDAQ: NTRS) is supposed to be one of the premier trust bank operations that caters to the wealthy and to pension funds. The current economy and low rate environment...
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The count is growing… Weekly jobless claims as a figure is still headed the wrong way and still above that awful 400,000 line. The Labor Department reported that jobless claims in the last week...
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The U.S. Labor Department has some data which may be a bit difficult to understand when you see unemployment is staying above 9% and when no new net non-farm payrolls were added for the most recent...
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When great CEOs leave a company, an entire corporate culture is at risk to change, even when the new CEO is the favored replacement. Tim Cook is said to be more than able to fill the role of...
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The jobs recession is afoot, as if you did not already know that. The Labor Department reported a dismal figure of ZERO on the change in non-Farm payrolls for August. Furthermore, the...
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Weekly jobless claims from the Labor Department looks good on the surface, but it isn’t too good and it won’t give any great hope for Friday’s unemployment and payrolls data. The report shows...
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If you decided on a new career path today, wouldn’t you like to know which jobs will be in high demand and pay the most once you were out of school? To serve as a guide, 24/7 Wall St. has...
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Each month before the Labor Department issues its report on unemployment and in payrolls, we get a myriad of non-governmental forecasts that attempt to front-run the official government data. ...
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Weekly jobless claims from the Labor Department are heading the wrong way again. The hopes have been growing that these would go back under 400,000. Not so… The weekly jobless claims rose by...
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Since last April the news from American Superconductor Corp. (NASDAQ: AMSC) has been uniformly awful. The company’s largest customer refused to pay for shipments received in the second half of 2010...
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