Labor

Labor Articles

The U.S. Labor Department is out with its latest round of weekly jobless claims. Last week’s figure came to a drop of 3,000 on a revised basis to 420,000 versus 423,000 a week earlier.  Last week...
President Obama will host a meeting for a number of large company CEOs in Washington this week. The heads of Google (NASDAQ: GOOG), Cisco (NASDAQ: CSCO), IBM (NYSE: IBM), and PepsiCo (NYSE: PEP),...
The Labor Department’s report of 9.8% Unemployment and the dismal +39,000 non-Farm Payrolls data was so bad and so far under estimates that we have some questions about the accuracy of the data. ...
The Labor Department is out with the newest round of its unemployment and non-Farm payrolls data.  Unlike expectations, it is ugly.  The data for November showed an unemployment rate of 9.8% and...
The battering continues among for-profit colleges. Faced with federal rules changes that could affect their ability to secure student loans, the colleges have seen their stock prices tank in the past...
It was back in January, nearly a year ago, after the Congressional Budget Office released its 2010 budget when we called for the U.S. to adopt a Deficit Manifesto.  This called for lawmakers to...
The holidays are usually a sign for a cheer,  but the Labor Department’s freshest round of weekly jobless claims may be some of the ‘almost’ best news on the jobs front in some time.  We had...
Insider selling by millionaire and billionaire corporate insiders is already rising, but it is about to go through the roof.  Forget the politics and forget the morale left behind as a result, and...
Thanksgiving is one of the few national holidays which is distinctly American – although, there is a “Turkey Day” in Canada, too. The date of the first Thanksgiving is put at 1621 in Plymouth,...
The cost of Thanksgiving is going to be higher for 2010.  There is often no better comparison than any fixed points in time around key memorable events, and Thanksgiving is a time that is easy to...
The U.S. Labor Department is out with its weekly jobless claims, and so far there are no real changes despite the numbers being slightly lower than what had been historic trends.  The jobless claims...
Before you were setting yourself to get overly excited about today’s jobs data, there is a camp that believes the jobs data was as relevant as gold to a dead man unless it came in much better than...
The weekly jobless claims  data from the Labor Department managed to show a positive trend this morning.  Claims actually fell by 21,000 down to 434,000 for the week.  Bloomberg had consensus at...
The government austerity budgets being put into place around Europe have raised the ire of powerful labor unions which have already proven this year that they can disrupt the business and government...
The cost for the UK to borrow money fell to its  lowest level in decades. It is now below Germany, which is close to a miracle based on how the capital markets viewed the two nations until recently....