Labor

Labor Articles

ThinkstockThe markets may have been closed for two trading days this week due to the hurricane, but key economic data is still likely to be released this week from the Labor Department’s read on...
ThinkstockSpain slipped further into recession, which means that its need for aid has accelerated. Its gross domestic product for the third quarter dropped 0.3%, on top of a drop of 0.4% in the...
What some people have called the most important U.S. employment report ever may not be announced as scheduled this Friday. The U.S. Labor Department’s Bureau of Labor Statistics (BLS) usually...
courtesy of ebayIt was just last week that 24/7 Wall St. announced the new Layoff Kings For Late 2012. While eBay Inc. (NASDAQ: EBAY) was not officially listed as a layoff company, we had noted that...
Groups that represent manufacturers and the manufacturers themselves constantly complain that the unfair trade practices employed by China have largely wrecked their industries and continue to do so....
The U.S. Labor Department is out with its weekly jobless claims report from the prior week. We would note that weekly jobless claims have been a bit skewed because of a delay in California’s claims...
The European financial crisis has just claimed another 5,700 victims. That’s how many workers Ford Motor Co. (NYSE: F) will fire at two plants in the United Kingdom and one plant in Belgium as the...
As corporate earnings are disappointing and as the economy remains very sluggish, companies are announcing big waves of layoffs. Some have said that the layoffs this time of year are seasonal, as...
There is something to be said for the benefits of worker mobility, which helped define the U.S. economy from the 1950s until recently. People would relocate to find the best jobs. Employers had...
Wal-Mart Stores Inc. (NYSE: WMT) has entered another battle with some of its employees. The company has a history of complaints and lawsuits in a range of issues from discrimination against women to...
The Labor Department has released its weekly jobless claims and this week is a normalized number compared to last week’s huge artificial drop due to one large state not having their numbers...
From a moral point of view, it is difficult to say whether the efforts of Greek unions to shut down the nation’s economy are ethical. From an economic viewpoint, it is not. Massive walkouts slow...
In the wake of the controversial 7.8% unemployment rate reported by the U.S. Labor Department earlier this month, Gallup today said that its nonseasonally adjusted rate fell from 7.9% at the end of...
John Mathias Engler, the heavy-set former Governor of Michigan who is now the President of the Business Roundtable, recently addressed an audience of Detroit executives. At the core of his message...
Advanced Micro Devices Inc. (NYSE: AMD) is trading slightly higher on reports that the troubled chip and processor outfit is likely to announce workforce reductions of up to 30% in the very near...