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Labor Articles
The Labor Department has just reported the unemployment rate and non-farm payrolls data for October. It isn’t pretty. The unemployment rate screamed up into the double-digit territory to...
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We have just seen the weekly jobless claims data, and it gets scary when you consider the readings seen from workforce productivity and unit labor costs. It seems as though employers are driving up...
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Today’s market weakness is being attributed to a myriad of issues, with most profit taking being attributed to added valuation after huge gains not meeting up to the current economy. But there...
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The UAW rank-and-file rejected a labor pact with Ford (NYSE:F) even though the car company offered each member of the union $1,000 to agree to the deal The No.2 US auto company now has to deal...
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The Commerce Department has reported in Q3-2009 Gross Domestic Product figures. We had 3.2% as the official estimate, but Goldman’s drop late yesterday took expectations lower. Bloomberg had...
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If you are often in major airports, it is frankly hard to see how the airline carriers still have pressure compared to six to twelve months ago. The airports and planes are full to the point that...
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All of the optimism from Joe Q. Public may be waning if the most recent data from The Conference Board holds up. Particularly as job anxiety keeps mounting. The October reading fell down to 47.7...
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The Labor Department has just issued its report on weekly jobless claims. The hopes that we’d finally get back under 500,00 were dashed as the claims rose by a revised 11,000 bodies to a new...
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The Labor Department’s report on weekly jobless claims came in at 514,000, slightly better than the estimates of 520,000 from Bloomberg. Thi was based against a prior 521,000 unrevised and based...
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The September Minutes from the FOMC are out and the tone is getting far less cautious and far less negative, despite all the caveats. It also shows that there is some disagreement among members...
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The Labor Department has released its figures for the weekly jobless claims came in at 521,000 versus a revised figure of 554,000 last week (originally reported as 551,000). Bloomberg had a...
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The service sector is now back to expanding, even officially, according to the ISM non-Manufacturing data just released. The Institute for Supply Management’s Non-Manufacturing Business Survey...
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The Labor Department has come out with its weekly jobless claims, and we are still seeing nothing much more than a jobless recovery. The number came in down 12,000 on a revised basis down at...
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This morning’s data from the Commerce Department underscores that even a mild return of demand could create a massive relaunch of the United States manufacturing engine without much job growth. ...
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The rate at which unemployment is growing has slowed recently and is no longer running more than 700,000 jobs lost a month. But, the firings are continuing, even at America’s largest companies, a...
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