Labor
Labor Articles
Ford’s (NYSE: F) new UAW contract is good news for the auto company’s financial future but bad news for workers, who will have a stagnant standard of living. It is another example of how...
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New car sales in September are estimated to have risen 19% year-over-year, though down -5.5% sequentially. The seasonally adjusted annual rate of new car sales is now set at about 12.9 million new...
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The Labor Department has released its tally on the weekly jobless claims and the net post-revision data does not show much. The prior week’s reading was revised from 404,000 to 409,000 and the...
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The number of jobs in the US solar industry has risen by 6.8% year-over-year from August 2010 to August 2011. Over 100,000 people are now employed in making, selling, and installing solar systems in...
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The reading on the weekly jobless claims were down marginally after a slight revision higher from the prior week’s report. The Labor Department reported that weekly jobless claims were down 1,000...
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The “Occupy Wall Street” movement has been supported by many, yet criticized by many as well. How does one cover such a controversial issue that runs this deep and when it is this controversial?...
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There are two financial issues in America that have been developing simultaneously: many borrowers have been locked out from the ability to access capital, and investors can no longer rely on bonds...
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Somehow, someway, the official employment data from the Labor Department managed to hold up in September. The Labor Department reported that September’s unemployment rate was flat from the...
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The weekly jobless claims from the Labor Department is not showing any hope for a surprise win on the unemployment and non-farm payrolls data due Friday morning. The report from the prior week was...
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AMR Corporation (NYSE: AMR) is a company we noted earlier this week which might have been the victim of overly aggressive reporting that turned into bankruptcy rumors. It is rare that news reports...
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Are the Wall Street bankers, traders, and brokers really starting to do the right thing when it comes to controlled greed and compensation? If you ask the poor Wall Street protesters, probably...
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The game of predicting the Labor Department’s data on Non-Farm Payrolls and Unemployment before the first Friday of each month is truly nothing more than a game. Estimates fluctuate wildly and...
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More bad news from Europe. Spain’s Employment Minister Valeriano Gomez told CNBC that a slow economy almost certainly will cause his country to miss growth targets. About the same time he was...
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The highest rate in almost 30 years, nearly one and six Americans lived in poverty last year, according to recently released data from the U.S. Census Bureau. Many states choose to combat poverty...
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Automaker Ford Motor Co. (NYSE: F) and the United Auto Workers (UAW) union have reached a tentative agreement on a new contract. The UAW reached a deal with General Motors Co. (NYSE: GM) last month...
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