Labor

Labor Articles

The Labor Department has just released what is so far the most important jobs data in 2010.  The December unemployment rate came out at 10.0% and the change in non-Farm payrolls was -85,000. ...
The Labor Department posted the weekly jobless claims data this morning.  The figure came to a gain of 1,000 on an adjusted basis to 433,000.  Bloomberg had the consensus estimate at 450,000,...
The press made a great deal of a report that job satisfaction hit in 2009 what is an all-time low in a 22-year-old survey conducted by The Conference Board. The new research shows that only 45% of...
There was an interesting filing out during the Christmas holiday showing that Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) weren’t in the holiday spirit for much of 2008.  There were ...
It seems that employers refrained from as many firings the week before Christmas this year.  The data from the Labor Department showed that initial jobless claims fell by 28,000 to 452,000 in the...
The Labor Department is out with its weekly jobless claims data and again we have a reading south of 500,000.  The claims rose 17,000 to 474,000 versus a Bloomberg target of 460,000.  That reverses...
The Labor Department is out with its November unemployment rate and the change in non-Farm payrolls.  The official unemployment rate in November went down to 10.0% from 10.2% in October.  That is...
There have been at least two occasions where President Obama referred to the direction of the unemployment and non-farm payrolls data before the key report due Friday.  Once was just a month ago,...
The ADP private sector jobs report says that 169,000 people became unemployed in November. This means that the government figures on unemployment for last month will likely indicate that the jobless...
The Federal Reserve Board’s Beige Book has offered a dismal report and dismal outlook for what is roughly two years now.  That can’t be a shock considering how crummy the economy and job...
There is a slew of economic data hitting the tape this week.  Friday’s report from the Labor Department on Unemployment and the change in non-Farm Payrolls will dwarf all economic reports.  The...
We just had a deluge of economic data in Personal Income & Spending for September, a rather solid figure on weekly jobless claims and in continuing  jobless claims, and a somewhat tepid durable...
The Labor Department has just released its figure for weekly jobless claims.  The figure came in at 505,000 in the last week, exactly in-line with the Bloomberg consensus data.  This is also...
The Labor Department has just reported its weekly jobless claims data.  The new preliminary report puts last week’s initial jobless claims at 502,000, down 12,000 on an adjusted basis from the...
Applied Materials (NASDAQ:AMAT) can be added to the long list of American companies that made a profit in the last quarter and then fired a significant part of their workforces. It is a disturbing...