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Having a Ben Bernanke press conference immediately after the FOMC meeting where rates were kept at zero in Fed Funds is one thing, but the weakness and the implied economic downgrade is getting a...
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In February, the Equal Employment Opportunity Commission held a public hearing to investigate whether employers are unfairly denying jobs to unemployed applicants. Though the issue was widely...
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Unemployment rates have improved rapidly in the industrial Midwest, although it is a matter of conjecture about why this is true. March unemployment in Michigan went to 10.3% this year from 13.3% in...
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This morning we had two key economic readings, and the trend is for higher prices and a re-weakening of the employment situation. The Labor Department released weekly jobless claims for the last...
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Staffmark Holdings, Inc. has filed to come public via an Initial Public Offering. The staffing services provider plans to sell up to $125 million in an equity offering. The plans to list on the...
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If you are like the rest of who are upset about some ‘minor market issues’ like Bernie Madoff, Raj, Octopussy, and the dozens of other extreme violations of securities laws, then you are probably...
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We got another drop in the weekly jobless claims in this last week from the U.S. Labor Department but the move is not going to be enough considering that the move was small and largely in-line with...
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The unemployment rate rose so fast in 2008 and 2009 that in some months the US lost more than 500,000 jobs. That trend has only begun to reverse itself this year, and the progress is slow. Last...
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The US Labor Department has just released the March unemployment data and the figures around the change in non-Farm Payrolls. The unemployment rate was listed as 8.8% on a official basis and the...
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Weekly jobless claims from the US Labor Department are not likely to have much market impact this morning despite the pending unemployment report for March due Friday morning. The weekly claims...
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The good news from the US Department of Labor is that the old floor of 400,000 in weekly jobless claims may now be acting as a bit of a ceiling in the jobless claims arena. The latest data showed...
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The weekly jobless claims from the US Labor Department did rise in the last week. The good news is that there was not a 400,000 handle on the data. The bad news: the might as well have been back...
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The size of American labor unions has fallen sharply in the last decade. Much of this has to do with the erosion of the US manufacturing base. The single best example of this is the decline of The...
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If the government can keep its counting at the same metrics, unemployment may get down under 8% again by year-end. The Labor Department reported this morning that the ‘official’ unemployment...
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For decades, public employees have had pension plans identical to those provided by most large American companies. These are defined benefit plans that pay workers a fixed sum each year after they...
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