Labor

Labor Articles

The Labor Department has released its weekly jobless claims and the figure showed that there were -26,000 to 550,000 in weekly claims.  The prior week’s initial figure of 570,000 was revised to...
There is a very silly notion being brought to you by the Aspen Institute Business & Society Program’s Corporate Values Strategy Group and what is admittedly a rather impressive list of names...
There is an interesting take out there on Berkshire Hathaway Inc. (NYSE: BRK-A) and on HSBC Holdings plc (NYSE: HBC) over how these firms should pay a high bonus to staff based upon a new economic...
The Conference Board is known for many key economic readings in the US and abroad, but this morning’s data may just add a little more fear that the hope and belief of a stabilizing jobs market are...
It is the weekend, albeit a long three-day weekend for Labor Day.  Earnings season is done, gone, bye-bye, but this coming week there are going to be some key events and key stocks to watch...
The unemployment and change in non-farm payrolls data for August is out, and despite some positive trends seen during the weekly data it just isn’t pretty.  The change in nonfarm payrolls was...
Weekly Jobless Claims were just released by the US Labor Department and the numbers came in at 570,000 again on the preliminary claims figure.  Last week was originally reported as 570,000, and that...
The data from the Labor Department on weekly jobless claims is out, and it is continuing to be a dragging number.  Many keep hoping for improvements, yet they remain elusive.  The weekly claims...
GM has been trying to sell Opel for months and has talked to nearly every company in the world that has any interest in owning an auto firm and can prove it can make a modest down payment. GM was...
Weekly jobless claims are heading the wrong direction again this morning, although some of this may still have some seasonality to it.  The Labor Department showed a gain of 15,000 jobless claims to...
The data from the Labor Department on weekly jobless claims has been released.  We are seeing a slight rise by 4,000 to 558,000 for week.  The four-week average rose by 8,500 to 565,000.  This...
The unemployment rates and jobs data almost does not add up on the surface. Some of this may boil down to seasonality issues, but many traders are scratching their heads after seeing this report. ...
The weekly jobless claims came in at 550,000, a drop of some 38,000 from a revised figure of 588,000 last week.  Unfortunately, we saw an increase in the continuing jobless claims after weeks of...
“It is probably well that we had the war when we did. We are better off now than we would have been without it, and have made more rapid progress than we otherwise should have made.”–Ulysses S....
GM’s July sales fell 19%, more than any of the other major car companies, to 188,156. The number is down so much that without the Pontiac and Saturn brands that it plans to phase out, GM might not...