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Posts related to ‘Labor & Unions’

Weekly Jobless Claims Look Good, But With Underlying Mixed Data

Posted: February 9, 2012 at 8:38 am

The Labor Department has just given its newest report on Weekly Jobless Claims and the news is heading more and more in the right direction.  The new rate is down ...
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Political Fodder… Private Equity Firms Are Hiring!

Posted: February 8, 2012 at 9:55 am

Private equity firms are bad and evil because they fire workers to juice profits for billionaires who get to pay low tax rates!  Is that the right logic?  What if ...
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Greece’s 15,000 Public Sector Layoffs Would Be 450,000 in the U.S.

Posted: February 7, 2012 at 6:50 am

The Greek ruling coalition has said it will cut 15,000 government workers as an austerity sacrifice to the European Commission, European Central Bank and International Monetary Fund. The “troika,” with ...
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Solid Employment Gains Slashing Unemployment Ahead of Fed Schedule

Posted: February 3, 2012 at 8:38 am

There was a huge surprise from the Labor Department this morning to the upside.  The non-farm payrolls grew by a whopping 243,000 and that was far higher than almost all ...
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Weekly Jobless Claims Do Little To Change Unemployment Expectations

Posted: February 2, 2012 at 8:39 am

The weekly jobless claims data from the Labor Department showed a continued trend of improvement this morning.  The new jobless claims fell by 12,000 to 367,000 in the week ended ...
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Challenger Jobs Data Preview Friday’s Jobs Data

Posted: February 2, 2012 at 7:38 am

The Challenger jobs data for January is offering another preview of data for Friday's non-Farm and unemployment data from the Labor Department.  The January cuts were 53,486 and that is ...
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ADP Jobs Data Supports Higher Non-Farm Payroll Gains Outlook

Posted: February 1, 2012 at 8:27 am

ADP is out with its pre-unemployment data for the month of January.  The effort aims to front-run the Labor Department's non-Farm Payrolls projections.  The new report from ADP is predicting ...
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Europe’s Youth Unemployment Problem Seen from the U.S.

Posted: January 30, 2012 at 6:51 am

EU leaders want to put aside as much as 22 billion euro to stimulate youth employment in the region. The sum is not likely to be enough because more than ...
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Weekly Jobless Claims Heading Significantly Better

Posted: January 19, 2012 at 8:36 am

The Labor Department is out with data on the weekly jobless claims.  While the week was ahead of a three-day weekend, the report showed that weekly jobless claims fell by ...
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Drop in Public Workers Digs a Deeper Jobs Hole

Posted: January 16, 2012 at 6:22 am

The fear that a drop in public sector jobs could undermine overall national employment has become a reality. The economy may have added an average of over 100,000 jobs each of ...
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Weekly Jobless Claims Head Very Much The Wrong Way

Posted: January 12, 2012 at 8:36 am

The US Labor Department's reading on weekly jobless claims rose by 24,000 to 399,000 and there was a revised higher figure. The prior week's 373,000 was revised higher to 375,000.  ...
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The Obama “Insourcing” Follies

Posted: January 12, 2012 at 6:29 am

The Obama Administration introduced its latest job creation plan with great fanfare. The president gathered business leaders and offered examples of how many of them had brought jobs sent overseas ...
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Propane Subsidy As Jobs Creator… At Whopping Costs (XOM, CHK, EPD, SPH, APU, FGP)

Posted: January 10, 2012 at 1:46 pm

In May 2011, a propane industry association, the National Propane Gas Association, cheered the introduction of a bill introduced in the US House that would have extended subsidy payments to ...
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US November Job Openings Basically Flat

Posted: January 10, 2012 at 11:30 am

The US Bureau of Labor Statistics (BLS) reported this morning that the number of US job openings at the end of November totaled 3.16 million, down slightly from the 3.22 ...
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When 8.5% Unemployment Sounds Good

Posted: January 6, 2012 at 8:35 am

The U.S. Labor Department is out with the Decemberber unemployment and non-Farm payrolls data.  After a huge upside surprise from this week's ADP payrolls data being almost double expectations, the ...
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