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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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The U.S. Postal Service will try to cut 120,000 to 220,000 workers; the number depends on the source of the information. The Washington Post was the first medium to report the agency’s plans. The...
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The weekly jobless claims from the Labor Department are finally back under 400,000, barely. The report this week shows a drop of 7,000 to 395,000. Dow Jones was looking for about 400,000 in this...
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The unions that have staged strikes against Verizon (NYSE: VZ) believe that the company does well enough in its ancient wireline business that they should remain well compensated. Verizon usually...
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About 45,000 Verizon (NYSE: VZ) workers have walked off the job after their contract expired and management and union failed to reach a deal. While 45,000 sounds impressive, it doesn’t come close...
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Verizon (NYSE: VZ) faces a strike of 45,000 of its workers. Members of the Communications Workers of America and the International Brotherhood of Electrical Workers walked out because Verizon wants...
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The Department of Labor has released the jobs data for the month of July and the number was far better than expected (if the data is real). If you have been watching the trading tape as bonds rose...
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Jobless Claims from the Labor Department are still too high. The jobless claims figure was down 1,000 to 400,000 on the nose. The prior week’s preliminary 398,000 was revised to 401,000, making...
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ADP is out with its monthly jobs report and this can still move the market. The problem is that the data can be opposite of the truth or just off the mark. Last month’s gains from ADP versus...
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Weekly Jobless Claims from the U.S. Labor Department managed to break about a long streak of being back above 400,000. This week’s reading came in 398,000 versus a 425,000 estimate by...
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The U.S. Labor Department has just turned in its report on weekly jobless claims and the most recent data shows another gain and another week above 400,000…. the new data is 418,000 versus a...
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The most recent job creation data from ADP was a total head-fake. The Labor Department has just released its June unemployment and jobs data, and it is dismal. The June unemployment rate has just...
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U.S. Labor Department data showed that, during the downturn, men lost jobs at a faster rate than women. There was never an entirely adequate explanation of the trend. Women do make only about 80% of...
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