Labor

Labor Articles

ThinkstockUnemployment in Spain has been above 24% for several months, and there is nothing about the nation’s economy that will reverse that. The central government has complained that austerity...
Ed Brown, via Wikimedia CommonsThe Labor Department is out with the April Employment Situation Report, and it is a report that the market will view positively. Some are going to question the...
Ed Brown, via Wikimedia CommonsThe Labor Department is out with its latest weekly jobless claims report, which is also the last report ahead of Friday’s key unemployment and payrolls report. Claims...
courtesy of Ford Motor CompanySales of the Ford Motor Co. (NYSE: F) F-150 flagship pickup have surged so strongly that the U.S. car company will add workers to build more of them. Analysts have noted...
ThinkstockAlcoa Inc. (NYSE: AA) remains pressured to build up its earnings in a very difficult environment. Now the company has announced that it will “review 460,000 metric tons of smelting...
ThinkstockWe already warned ahead of the number that the first-quarter gross domestic product would come in well under estimates. Now we have a setup for a weaker-than-expected April payrolls and...
The economy is still tough and jobs are not yet plentiful. That is likely one part of why the rise of the dollar store theme is now becoming a secular trend rather than a cyclical trend. Dollar...
ThinkstockThe U.S. Employment Cost Index in the first quarter of 2013 is looking very tame, and the so-called wage inflation is running very low. The Labor Department showed that the first-quarter...
ThinkstockUnemployment in the euro area grew again in March, supporting the obvious conclusion that a lack of stimulus, terribly high unemployment and the crippling of the financial and industrial...
ThinkstockIf European Union finance ministers and the International Monetary Fund (IMF) have turned away from austerity as a means to help the region’s economy, the action has not affected Greece,...
ThinkstockElectronic Arts Inc. (NASDAQ: EA), which recently dumped its chief executive officer, has decided to cut a large number of workers as well. EA has been unable to make the transition from a...
Ed Brown, via Wikimedia CommonsThe U.S. Labor Department is out with its report on weekly jobless claims. Thursday’s reading amounted to a good change from the prior week, as the weekly claims fell...
ThinkstockThe recession is not over in several states where unemployment remained well above 9% in March. Against a national rate of 7.6%, these states are locked at levels that still erode state tax...
ThinkstockThe Philadelphia Federal Reserve, or the Philly Fed, is out with its monthly report on business for the month of April. As the Business Outlook Survey is a somewhat live reading, we pay...
Ed Brown, via Wikimedia CommonsThe U.S. Labor Department has released its weekly jobless claims report. After last week’s surprise drop of a whopping 42,000 before revisions, the jobless claims...