Labor
Labor Articles
The Labor Department has finally delivered some good news in the weekly jobless claims reading. While the prior week was revised to 428,000 from 423,000 in weekly jobless claims, the current report...
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If you can count on the Europeans to invent one thing, it is the invention of taxation. The latest effort by the European Commission is one that is just baffling if you have been watching the...
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The Securities and Exchange Commission has announced that the national securities exchanges and FINRA are filing proposals in a move to revise the current stock market circuit breakers in an effort...
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China is taking American jobs, labor unions, politicians and economists, have accused for some time. The logic is simple. While a manufacturing job in the U.S. may pay $50 an hour, when salary and...
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Alpha Natural Resources Inc. (NYSE: ANR) and Walter Energy Inc. (NYSE: WLT) are signaling some disturbing trends that only bring on more fears of recession. The companies have both lowered their...
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When companies announce that they are going to lay off thousands of employees, it shouldn’t be any surprise that employee morale drops like a stone. So why do they do it other than for the most...
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Some companies become so badly damaged because of changes in the competitive markets or due to poor management decisions that their employees lose hope. This may be due to the fact that they believe...
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GM’s (NYSE: GM) bankruptcy was cause by three things, and one of those was labor costs. The car company and the UAW have set a reasonable agreement as they finish contract negotiations and it may...
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The American Jobs Act is a bill which is supposed to be “fully paid for.” It isn’t. In the attack on wealth at all costs, the measure to tax municipal bond interest for the wealthy ($200K...
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The U.S. Postal Service is proposing “sweeping changes” to how the mail system works in America. Some is good, and some is not enough. The aim is to save up to $3 billion a year in operating...
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Weekly jobless claims are heading the wrong way and all we can hope is that there is some hurricane and storm bump that has been in this report. The Labor Department, which should soon be called...
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Northern Trust Corporation (NASDAQ: NTRS) is supposed to be one of the premier trust bank operations that caters to the wealthy and to pension funds. The current economy and low rate environment...
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The Census Bureau is out with the 2010 figures on income, poverty, and health insurance. About all you can hope for is that 2011 is magically better than 2010 because many of the figures are...
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Tonight’s speech from President Obama started out great and offered great promise. The Republicans and the Democrats are likely going to be further apart tomorrow than they were before. The...
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To say that Bank of America Corporation (NYSE: BAC) is under pressure remains the understatement of 2011. The DJIA industrial average component is under attack from every angle. It is now under...
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