Labor

Labor Articles

Earlier this week we noted that some workers at Wal-Mart Stores Inc. (NYSE: WMT) had walked off the job at a few stores around the country. The walkouts were primarily aimed at alleged retaliation by...
When we saw that the Labor Department reported a 30,000 drop in weekly jobless claims, the initial thought was that more suspect calculations may be involved. Then the thought that perhaps things may...
The U.S. Labor Department has released its count on weekly jobless claims, and the report shows a stellar drop of 30,000 to 339,000. The prior week was revised higher to 369,000 from 367,000...
Greece has joined Spain as one of the only two countries in the European Union with an unemployment rate above 25%. The new figure — 25.1% — coupled with a gross domestic product decline that...
The Bureau of Labor Statistics has released its monthly job openings report showing that there were some 3.56 million job openings on the last business day of August. The BLS said that this was...
In labor actions that union leaders called the first ever strike against Wal-Mart Stores Inc. (NYSE: WMT) and that company officials called a “publicity stunt,” employees at 28 of the company’s...
The Conference Board is showing a rather different picture from what the U.S. Labor Department showed with the unemployment rate almost magically dropping to 7.8% in September from 8.1% in August....
Workers at a manufacturing facility of China’s Foxconn “struck” the company twice over the weekend, or once, or not at all, depending on the source of the information. Most likely, two labor...
The Labor Department has released data on the September unemployment rate that is almost unbelievable. The official September unemployment rate is now magically put at 7.8%, versus a reading of 8.1%...
The Labor Department is out with its weekly jobless claims as the last formal report ahead of Friday’s key unemployment and nonfarm payrolls data. Last week we saw a gain of 4,000 jobs 367,000...
Back in August, Google Inc. (NASDAQ: GOOG) said it would cut 4,000 Motorola Mobility workers, or 20% of the workforce, as the company shifted away other handset development in order to focus on...
The big number of the week is of course the Labor Department’s official nonfarm payrolls additions and the unemployment report. Today came one more bit of data from ADP, which may alter or change...
We have seen some additional data ahead of Friday’s key employment report, although we would note that this is only a small snapshot that is likely not large enough to make any broad determination....
This Friday is going to be a very important employment situation report from the U.S. Labor Department. It will be the next to last unemployment report before the November presidential election. Also...
The Boeing Co.Boeing Co. (NYSE: BA) lost a round in its effort to settle labor issues with its engineers. The Society of Professional Engineering Employees in Aerospace said that more than nine in 10...