layoffs

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Twitter Admits Workforce Is Not Diverse

Twitter Inc. (NYSE: TWTR), like other new world tech companies, admitted it does not employ enough women and minorities. It will try to erase that with programs to increase the ...
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Job Openings and Labor Turnover Make for Healthy Jobs Market

The U.S. Bureau of Labor Statistics has released its monthly Job Openings and Labor Turnover Survey. This is the so-called JOLTS report and it comes with a one-month lag. The ...
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Weekly Jobless Claims Create No Change to Unemployment Expectations

Thursday's economic data gave us the last bit of what to expect for the formal employment situation report on Friday. The U.S. Department of Labor released its weekly jobless claims ...
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Layoffs Hit Worst Tally in 4 Years

Challenger, Gray & Christmas has released its monthly job cuts for July, and it is ugly. The 105.696 job cuts was the highest number since 2011. To put this in ...
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Job Openings at New High, While Labor Force Participation Rate Looks Dismal

The U.S. Department of Labor has released its monthly Job Openings and Labor Turnover Summary (JOLTS) report. America had a total number of 5.4 million job openings on the last ...
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jobs

ADP and TrimTabs Act to Book-End Labor Department Unemployment and Payrolls

Thursday will mark two key events, the first being the U.S. Department of Labor's report for unemployment and new payrolls for the month of June. The second will be that ...
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US Job Openings Now at All-Time High

When you hear that employers cannot find workers, or that job seekers are not happy with the available jobs, some market and economic watchers scratch their heads. Now a new ...
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coal

Can Peabody Shrink Its Way to Salvation?

Coal companies have suffered recently, and they need a means to survive this harsh political climate. Peabody Energy Corp. (NYSE: BTU) believes that it has found a solution for now, ...
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US_Dept_of_Labor

When a Strong Labor Department Jobs Report Is Treated Badly

With stocks and bonds so worried about the coming Federal Reserve rate hikes, the markets have been extremely focused on the news front around jobs. Now we have the U.S. ...
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A New Wave of Bank Layoffs, With More to Come

Two things happened recently in the banking industry. First, The Wall Street Journal reported that JPMorgan Chase & Co. (NYSE: JPM) will fire 5,000. The other was that Moody's ungraded ...
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Why the Natural Unemployment Rate May Now Be Lower

The Chicago Federal Reserve recently released a report showing its projections regarding the changing labor force composition and the natural rate of unemployment. What is interesting about the observation is ...
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USPS Sorting Center

US Postal Service Loses Another $1.3 Billion

The sinkhole called the U.S. Postal Service (USPS) lost another $1.3 billion in the first quarter. Not only is the operation being overwhelmed by competition from United Parcel Service Inc. (NYSE: ...
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Have Unemployment and Payrolls Reached the Perfect Storm for Stocks and Bonds?

Usually when people hear the word storm used, it means that catastrophe has struck. That just isn't always the case when it comes to the financial markets. The U.S. Labor ...
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jobs

ADP and TrimTabs Throw Curve Ball to Labor Department Payrolls Expectations

The market has a huge discrepancy to deal with now for job creation and Friday's official payrolls report from the U.S. Department of Labor. ADP showed a projected 169,000 private ...
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Dow Chemical to Fire 3% of Employees, CEO Will Take No Pay Cut

The story is as old as publicly traded companies. Dow Chemical Co. (NYSE: DOW) will cut 3% of its workforce. Nothing in the corporation's press release mentioned whether Andrew N. ...
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