Labor
Labor Articles
The Fair Labor Association found problems at three plants run by Apple (NASDAQ: AAPL) supplier Foxconn. Oddly enough, these come as Apple CEO Tim Cook visits China where the plants are based. The...
Published:
Last Updated:
The Labor Department’s report on weekly jobless claims is out and the report showed a drop of 5,000 to 359,000 for the prior week. Bloomberg had estimates of 350,000 and Dow Jones was calling for...
Published:
Last Updated:
Federal Reserve Chairman Ben Bernanke is giving a speech at the National Association for Business Economics Annual Conference in Washington, D.C. titled simply “Recent Developments in the Labor...
Published:
Last Updated:
Monster Worldwide Inc. (NYSE: MWW) may be “back for sale” in the minds of investors and speculators. The company is currently under a strategic review to maximize shareholder value, but there...
Published:
Last Updated:
Even if the growth is muted and even if employment remains pressured, things have continued to improve in America. It turns out that not everyone expects the recovery to last. A release from...
Published:
Last Updated:
The Labor Department’s reports on weekly jobless claims and producer prices are out and mostly in-line with expectations. Claims came in with a drop of 14,000 to 351,000 and the prior week was...
Published:
Last Updated:
Market participants now have the awaited data from the U.S. Labor Department on February unemployment and payrolls. The official unemployment rate came in at 8.3%. The target from Bloomberg and...
Published:
Last Updated:
The U.S. Labor Department is out with its weekly jobless claims and this is effectively the last-look figure before Friday’s key unemployment and non-farm payrolls data. Jobless claims rose by...
Published:
Last Updated:
ADP is releasing February jobs creation showing that private sector added 216,000 jobs. Dow Jones was calling for 215,000 and Reuters was calling for 216,000. This is a good figure and it should...
Published:
Last Updated:
Small business is supposed to be the most important engine of the jobs market. Many economists believe that companies with fewer than 20 workers account for more than half of all U.S. jobs. The...
Published:
Investors usually reward companies for announcing layoffs. Getting more from fewer workers adds to margins and hopefully to net income. The more serious question is what a new round of...
Published:
Last Updated:
Tesco (NASDAQ: TESO), the largest retailer in the UK, said it would add 20,000 jobs between now and 2014. It is the largest employer in the UK, with 270,000 workers. The move is an aid to a troubled...
Published:
The data this morning from the Labor Department is not great news, but it is not awful news either. The weekly jobless claims came in 351,000 from a revised figure of 353,000 a week ago. ...
Published:
Last Updated:
Federal Reserve Chairman Ben Bernanke is delivering his semiannual Monetary Policy Report to the Congress before the Committee on Financial Services at the U.S. House of Representatives this...
Published:
Last Updated: