Labor
Labor Articles
We already saw the rate cut from the European Central Bank this Thursday morning. Now it is time for the U.S. Labor Department’s weekly announcement on jobless claims. The report put the last...
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Eleven American companies have laid off a total of nearly 600,000 people in the past two decades. Each also fired a large number of employees at one time to earn it a place among the largest...
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In a more detailed explanation of planned service cuts floated last September, the U.S. Postal Service has now published some details to its cuts in first-class mail delivery and the closure of up to...
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The U.S. Labor Department has reported on November unemployment and non-farm payrolls this morning on the heels of a weak jobless claims figure yesterday. Non-Farm Payrolls grew by 120,000 for...
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The Heldrich Center at Rutgers has issued a new report that says only 7% of people who lost their jobs after the financial crisis have made it back to their former levels of work and financial...
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The U.S. Labor Department has issued its coverage of weekly jobless claims. There may be some volatility due to the report being around the Thanksgiving holiday week, but the figures are...
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The next time you sing “Old McDonald Had a Farm” you might want to consider that it is really “Rich Man McDonald” if the USDA report is as clear as it sounds. The U.S. Department of...
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The Europeans do not celebrate Thanksgiving. That is a good thing today, because some 17,000 workers in Europe and elsewhere under the Nokia-Siemens Networks venture are going to be fired between...
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The Labor Department is showing that weekly jobless claims fell by 5,000 to 388,000 versus a Dow Jones forecast of about 397,000. This may still be too close to the 400,000 mark to make for an...
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Everyone loves the holidays and spending time off with the family (well, almost everyone), but no seems to like it when the cost of the holidays is much higher than just a year before. While...
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The Labor Department reported that there were 3.4 million open jobs nationwide in September. Most analysis of the number said that this was great progress over the 3.1 million level in August. The...
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AMD (NYSE: AMD), the perpetually badly run chip company, will cut 10% of its workers. The firm has labored in the shadow of larger rival Intel (NASDAQ: INTC) for over a decade. AMD’s trouble has...
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The good news is that the Federal Reserve is not calling for a recession and it still is calling for growth ahead. While we noted even last week that there were 10 indicators signaling that the...
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The International Labour Organization warned in its “World of Work” report that “a stalled global economic recovery has begun to dramatically affect labour markets.” A major labor body has an...
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The economy remains in a climate with a very weak recovery. There is still some good news though. All of the recent calls for a “double dip recession” grew too loud and are now being...
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