Labor
Labor Articles
ADP released its monthly payrolls data this morning. The bad news is that it came in under expectations and it sets up for a weak Friday report for June Unemployment and non-Farm Payrolls. The...
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The secret to the amazing increases in productivity in the American economy is finally out. Companies in the US are not hiring full-time workers. They are gambling that they can keep their margins...
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Where will Honda Motors (NYSE: HMC) and Toyota Motor (NYSE: TM) go to build their cars and trucks now that Chinese workers striking for better wages? Even if those wages are double what the workers...
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Toyota Motor (NYSE: TM) has been hit by labor strikes in China. The Toyoda Gosei Co. plant in the northern city of Tianjin is owned 42% by Toyota along with a local partner. The work stoppage follows...
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FedEx Corporation (NYSE: FDX) may have been part of the reason for the rally late today that took markets into positive territory. Headlines hit late in the day on the Dow Jones broad tape from...
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Honda Motors (NYSE: HMC) is using good old-fashioned management tactics to overcome strikes that have shut some of its plants and related parts operations in China. The Japanese company agreed to...
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The weekly jobless claims from the Labor Department was roughly in-line with expectations as the rate came to an adjusted drop of 3,000 jobless claims to 456,000. The reading from a weak ago was...
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The Federal Reserve’s newest Beige Book comments are out. They were prepared at the Federal Reserve Bank of Chicago and the cut-off date for information was May 28, 2010. In short, the Fed...
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BP plc (NYSE: BP) is continuing to destroy the Gulf of Mexico even as the clean-up efforts are underway. The “Boycott BP” group is continuing to gather steam. It is understandable. … But...
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Oracle Corporation (NASDAQ: ORCL) will deepen its cost cuts as part of its buyout of Sun Microsystems. Sun employees have already endured years of job reductions as the firm’s revenue and market...
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A disaster… That is all that can be used to describe (politely) the May jobs data. The unemployment rate came out as an official 9.7%, meeting estimates. But the non-Farm Payrolls data is where...
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The weekly jobless claims are out from the Labor Department and the results are not as bad as the week before. They are not exactly solid yet either. The claims figure fell by a revised 14,000...
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200,000 jobs… That is the new ‘independent study’ estimate on how many jobs can be created by the solar industry by the year 2016. The Solar Energy Industries Association is touting this...
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Weekly jobless claims came in with a lackluster drop of 4,000 to 444,000, effectively in-line with Dow Jones estimates. The week before was revised from 444,000 to 448,000. The good news is that...
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Continental Airlines, Inc. (NYSE: CAL) and UAL Corporation (NASDAQ: UAUA) have done what has been speculated upon many occasions. The two have announced a relative merger of equals, after talks...
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