Labor
Labor Articles
It is very likely that by the time Ben Bernanke and friends at the Federal Reserve make their Wednesday announcement on rates and on quantitative easing measures that the FOMC will have a very good...
Published:
Last Updated:
Deutsche Bank AG (NYSE: DB) is going to please Wall St., although perhaps not its investment professionals employed by the bank. The company is suffering lower losses, so to combat that it will be...
Published:
Last Updated:
The Financial Times is the latest medium to point out that America may have an economically lost generation. “The jobless rate for Americans age 16 to 24 is above 16 per cent, more than twice the...
Published:
Numbers out of Eurostat, the statistical office of the European Union, Tuesday indicate that the eurozone’s seasonally adjusted unemployment rate remained at 11.2% in June 2012, unchanged from...
Published:
The Labor Department is back to reporting volatile data on the weekly jobless claims. We saw in recent weeks a big drop and then a big gain. Now we have a drop of 35,000, down to 353,000, for the...
Published:
Last Updated:
The hope that the weekly jobless claims picture was getting better after last week’s surprise drop is being squashed. The Labor Department reported that weekly jobless claims rose back up into the...
Published:
Speculation has grown that the only effective way for Yahoo!’s (NASDAQ: YHOO) new CEO to improve the company’s prospects on Wall St. is to make another large round of employee cuts. In many...
Published:
The U.S. finally got some good news on the weekly jobless claims report from the U.S. Labor Department. Jobless claims fell in the last week down by 26,000 to 350,000. It is almost certain that...
Published:
Last Updated:
Are job openings really just becoming impossible to fill? Unless you are referring to North Dakota, there should be an ample supply of willing and able-bodied workers that can be hired for an open...
Published:
Last Updated:
The government of Norway has ended a 16-day strike against offshore oil and gas producers and killed the threat of an industry lockout that was set to begin at midnight last night. The labor minister...
Published:
Last Updated:
An association representing oil companies working on Norway’s continental shelf is preparing for a lockout against striking workers beginning at midnight tonight. If the lockout is enforced, about...
Published:
Now that the healthcare constitutionality argument has passed, healthcare and insurance providers are consolidating. WellPoint Inc. (NYSE: WLP) just announced that it was acquiring...
Published:
Last Updated:
The US Department of Labor said today that the seasonally adjusted number of new claims for unemployment benefits fell by 14,000 in the week ended June 30th, from a revised total of 388,000 for the...
Published:
It will be an unusual report and reaction this Friday when the Labor Department releases its report on unemployment and payrolls. The European Central Bank was expected to cut interest rates on...
Published:
Last Updated:
While many investors and traders are going to be out, we have two key events to watch this week. The first is a hoped-for rate cut from the European Central Bank on Thursday. Americans will then...
Published:
Last Updated: