unemployment

oil storage terminal

More Carnage in Oil and Gas Sector Jobs and Spending, but Looking Less Bad

The Federal Reserve Bank of Kansas City might not be the first place that oil and gas industry watchers think of for evaluating oil and gas trends in hiring and ...
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Job Growth Gets Slaughtered in March

The U.S. Department of Labor released its March payroll and unemployment data Friday morning, and it is hard to imagine how it could have been much worse. The Labor Department ...
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Labor Department Unemployment and Payrolls Get Curveball From ADP and TrimTabs

Friday's unemployment and payrolls report from the U.S. Labor Department just became a lot more difficult to predict. ADP posted a very weak economic report on its payrolls for March, ...
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Map of United States

Unemployment Drops Below 4% in 8 States

The headline from the Bureau of Labor Statistics (BLS) report on state unemployment for February is that Nebraska became the state with the lowest unemployment (2.7%), passing perennial leader North ...
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16 American Cities With Double-Digit Unemployment

The recession has passed for most of America as unemployment has dropped to a traditional recovery level of 5.5%. Most months, the economy adds 200,000 jobs or more. The residents ...
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Weekly Jobless Claims Tick Higher

The U.S. Labor Department is out with its weekly jobless claims report. The number of unemployment filings rose by 1,000 to 291,000 in the past week. Thursday's report also indicated ...
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Youth Unemployment at an Amazing 17.1%

In Friday’s report on the employment situation in the United States, the Bureau of Labor Statistics (BLS) disclosed that the unemployment rate for young people aged 16 to 19 remained ...
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Black Unemployment at 10.4%

In February, the unemployment rate among black or African American persons was 10.4%, nearly double the national rate of 5.5%. The unemployment rate among blacks or African Americans between ages ...
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Labor Dept. Payrolls Scream Higher Into Lower Unemployment

The U.S. Labor Department has released its payrolls data and unemployment rate for the month of February. While the markets have been all in favor of growth and good data, ...
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Weekly Jobless Claims Continue to Soar

The U.S. Labor Department has released, yet again, another somewhat disappointing reading for weekly jobless claims. Initial claims rose by a sharp 7,000 to a seasonally adjusted reading of 320,000. ...
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February ADP Below Estimates, Shocking January Revision

ADP has released its February private sector payrolls report, and on the surface it looks disappointing. This is also what we initially thought about the previous month, at least before it was ...
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What to Expect From This Week’s Unemployment Reports

With the first week of the month comes the unemployment reports for the previous month. In this case we will be checking the numbers from February as they come in this ...
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Spain

In Spain and Greece, 25% of Adults Still Unemployed

The unemployment rate in the euro area continues to drop. In January the figure fell to 11.2% from 11.3% in December. Eurostat made that improvement the headline of its release ...
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Labor Department Shows Huge Jump in Weekly Jobless Claims

The U.S. Labor Department has released a somewhat disappointing reading for weekly jobless claims. Claims rose by a sharp 31,000 to a seasonally adjusted reading of 313,000. The Wall Street ...
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Bank

Will American Banks Close Thousands of Branches?

JPMorgan Chase & Co. (NYSE: JPM) will cut roughly 300 branches over the next two years. Some reasons for its decision extend to all banks that support large numbers of ...
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