Labor
Labor Articles
About 45,000 Verizon (NYSE: VZ) workers have walked off the job after their contract expired and management and union failed to reach a deal. While 45,000 sounds impressive, it doesn’t come close...
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Verizon (NYSE: VZ) faces a strike of 45,000 of its workers. Members of the Communications Workers of America and the International Brotherhood of Electrical Workers walked out because Verizon wants...
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The Department of Labor has released the jobs data for the month of July and the number was far better than expected (if the data is real). If you have been watching the trading tape as bonds rose...
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Jobless Claims from the Labor Department are still too high. The jobless claims figure was down 1,000 to 400,000 on the nose. The prior week’s preliminary 398,000 was revised to 401,000, making...
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ADP is out with its monthly jobs report and this can still move the market. The problem is that the data can be opposite of the truth or just off the mark. Last month’s gains from ADP versus...
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Weekly Jobless Claims from the U.S. Labor Department managed to break about a long streak of being back above 400,000. This week’s reading came in 398,000 versus a 425,000 estimate by...
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The U.S. Labor Department has just turned in its report on weekly jobless claims and the most recent data shows another gain and another week above 400,000…. the new data is 418,000 versus a...
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Cisco Systems Inc. (NASDAQ: CSCO) seems as though it cannot win for losing. The company’s updated “action plan” involves a further organizational simplification, implying lower costs and...
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The National Federation of Independent Business has just released its survey for June, and the overall trend has now dropped for four months in a row. Some of the conditions are even still...
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YRC Worldwide Inc. (NASDAQ: YRCW) appears to have gotten yet one more lifeline, one which continues to dilute and dilute by the looks of it. This troubled trucking company has endured possible...
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The most recent job creation data from ADP was a total head-fake. The Labor Department has just released its June unemployment and jobs data, and it is dismal. The June unemployment rate has just...
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U.S. Labor Department data showed that, during the downturn, men lost jobs at a faster rate than women. There was never an entirely adequate explanation of the trend. Women do make only about 80% of...
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Challenger, Gray & Christmas remarked that layoffs moved higher in June. “The number of planned job cuts announced by U.S.-based employers increased by 4,297 or 11.6 percent to 41,432 in...
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The data on the weekly jobless claims from the U.S. Labor Department is again supporting why the end of QE2 just doesn’t matter. The Labor Market remains tight and workers are getting fired at a...
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Quantitative Easing, or QE, is a term that many investors were forced to understand. Then came QE2 as an even more difficult pill to swallow. After the FOMC or any central bank has taken rates to...
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