Labor

Labor Articles

The count is growing… Weekly jobless claims as a figure is still headed the wrong way and still above that awful 400,000 line.  The Labor Department reported that jobless claims in the last week...
Recent reports from North Dakota illustrate just how much demand there is for workers in the Bakken oil and gas fields. Unemployed workers have relatively little trouble finding jobs there, whether...
The U.S. Labor Department has some data which may be a bit difficult to understand when you see unemployment is staying above 9% and when no new net non-farm payrolls were added for the most recent...
When great CEOs leave a company, an entire corporate culture is at risk to change, even when the new CEO is the favored replacement. Tim Cook is said to be more than able to fill the role of...
The jobs recession is afoot, as if you did not already know that.  The Labor Department reported a dismal figure of ZERO on the change in non-Farm payrolls for August.  Furthermore, the...
Weekly jobless claims from the Labor Department looks good on the surface, but it isn’t too good and it won’t give any great hope for Friday’s unemployment and payrolls data.  The report shows...
If you decided on a new career path today, wouldn’t you like to know which jobs will be in high demand and pay the most once you were out of school? To serve as a guide, 24/7 Wall St. has...
Each month before the Labor Department issues its report on unemployment and in payrolls, we get a myriad of non-governmental forecasts that attempt to front-run the official government data. ...
Weekly jobless claims from the Labor Department are heading the wrong way again.  The hopes have been growing that these would go back under 400,000.  Not so… The weekly jobless claims rose by...
The day that many feared for Apple Inc. (NASDAQ: AAPL) has arrived.  Steve Jobs is formally leaving Apple as CEO.  He has requested to still serve as Chairman of the Board, director, and...
Since last April the news from American Superconductor Corp. (NASDAQ: AMSC) has been uniformly awful. The company’s largest customer refused to pay for shipments received in the second half of 2010...
The U.S. Postal Service will try to cut 120,000 to 220,000 workers; the number depends on the source of the information. The Washington Post was the first medium to report the agency’s plans. The...
The weekly jobless claims from the Labor Department are finally back under 400,000, barely.  The report this week shows a drop of 7,000 to 395,000.  Dow Jones was looking for about 400,000 in this...
The unions that have staged strikes against Verizon (NYSE: VZ) believe that the company does well enough in its ancient wireline business that they should remain well compensated. Verizon usually...
Financial markets have been reeling as investors grow more concerned about the economy: An S&P downgrade of the full faith and credit of the United States, dismal GDP data, and ongoing weak...