Labor

Labor Articles

The fear that a drop in public sector jobs could undermine overall national employment has become a reality. The economy may have added an average of over 100,000 jobs each of the past six months....
The US Labor Department’s reading on weekly jobless claims rose by 24,000 to 399,000 and there was a revised higher figure. The prior week’s 373,000 was revised higher to 375,000.  Some of the...
The Obama Administration introduced its latest job creation plan with great fanfare. The president gathered business leaders and offered examples of how many of them had brought jobs sent overseas...
In May 2011, a propane industry association, the National Propane Gas Association, cheered the introduction of a bill introduced in the US House that would have extended subsidy payments to propane...
The US Bureau of Labor Statistics (BLS) reported this morning that the number of US job openings at the end of November totaled 3.16 million, down slightly from the 3.22 million jobs available at the...
The U.S. Labor Department is out with the Decemberber unemployment and non-Farm payrolls data.  After a huge upside surprise from this week’s ADP payrolls data being almost double expectations,...
America must add four million jobs next year to significantly eat away at the employment loss of the past four years. More than 16 million citizens are out of work in the U.S. That puts the...
After a sizzling hot figure from ADP on private sector jobs created, the weekly jobless claims from the U.S. Labor Department came in with a drop of 15,000 to 372,000 for the week. Bloomberg had the...
The U.S. Labor Department is out with its reading on weekly jobless claims.  After some improvements in the weeks before, the tally of claims rose by 15,000 to 381,000.  Bloomberg had estimates at...
The Labor Department is out with another improvement in the weekly jobless claims.  Hopefully it is not just holiday related, but investors will likely take it either way.  This last week’s...
It seems that all of the nations around the world are facing sovereign credit ratings downgrades or warnings of downgrades. After the United States lost its prized “AAA” rating, the threat of...
The U.S. Labor Department is full of good news this morning.  Both the weekly jobless claims and the producer price index as a measure of wholesale inflation came in better than expected.  Maybe...
Freddie Mac has released its full “U.S. Economic and Housing Market Outlook” for December, which is actually the government sponsored entity’s 2012 outlook for the housing market and the...
The job market remains tight enough, and people remain concerned enough about their current employment, that many would accept cuts in vacation time and benefits. The news stands as another...
The average person in the U.S. works just over 2,000 hours per year, or 39.5 per week, and is paid $37,128 per year, according to the Bureau of Labor Statistics. Some occupations, however, require...