unemployment

Jobless

Jobless Claims Continue to Show Job Market Struggles in May

May has proven to be a hard time for the jobless claims, something that may play into the unemployment report for the month that will be released in two weeks or ...
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crash

What Would Make US GDP Go to Zero?

The 0.5% improvement in first-quarter gross domestic product (GDP) is not far from zero. It would not take many factors to push growth down to zero or even below. Several ...
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Wow

Weekly Jobless Claims Bring Back Scares to the Great Employment Economy

Weekly jobless claims posted a serious jump in the week ending May 7. The U.S. Department of Labor announced that seasonally adjusted claims rose a sharp 20,000 to 294,000. This ...
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Fired Businessman

Payrolls Hope May Fade After Weekly Claims and Jobs Data

Friday's key economic report will be the unemployment and payrolls numbers from the U.S. Department of Labor. The consensus estimate of 200,000 nonfarm payrolls likely has started getting ratcheted down for ...
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Help wanted sign

ADP Payrolls Disappointment Likely to Dampen Labor Department Payrolls Expectations

If there is one economic report that is used each month as a barometer for the direction of the payrolls and unemployment report from the U.S. Department of Labor, it ...
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Fired Businessman

Weekly Jobless Claims Lend Further Support for Strong Jobs Market

On a morning where investors got their first formal reading for the first quarter's gross domestic product, maybe the reading for weekly jobless claims from the U.S. Department of Labor ...
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unemployed

Weekly Jobless Claims Hit Lowest Level Back to 1973

The U.S. Department of Labor has delivered another round of weekly jobless claims, and the numbers were much better than expected. Claims in the week ending April 16 were only ...
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Jobless

1 Million People Still Out of Work in California

The unemployment rate in March in California was 5.4%. However, the state's labor force is so large that 1,020,019 people were out of work, according to the U.S. Bureau of Labor ...
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jobless claims

Jobless Claims Hover Near Record Lows

The reading for the most recent weekly jobless claims report has surfaced, and it came in just below estimates. Currently, jobless claims are holding at record lows, indicating a lack ...
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Donald Trump

Why Donald Trump Is Wrong About a Massive Recession

If there has ever been an incredible election cycle, this has been it. For the first time in years, we may very well have a contested convention for the Republicans, ...
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construction laborers

Payrolls Increase Marginally Higher Than Expected, as Does Unemployment

The Bureau of Labor Statistics reported that March nonfarm payrolls rose by 215,000 and the unemployment rate ticked up by 0.1% to a reading of 5.0%. With Federal Reserve Chair ...
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U.S. Federal Reserve

Did Janet Yellen Intend to Forecast a Bad Payrolls Report for Friday?

This week was a very interesting one for the financial markets. It proved that, despite the massive selling in the first six weeks of 2016, the Dow Jones Industrial Average and the ...
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Fired Businessman

Weekly Jobless Claims Tick Higher Ahead of Key Payrolls Report

The U.S. Department of Labor issued its last official labor number on Thursday before Friday's key unemployment and payrolls report. The weekly jobless claims report for the week ending March ...
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jobless claims

March Job Cuts Rise 32%

The outplacement firm of Challenger, Gray & Christmas on Thursday released its job-cuts report for March, indicating that layoffs in the month were nearly 22% lower than the February total. ...
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hammer and nail

ADP Payrolls Nails the Number

ADP released its National Employment Report, showing that the private sector employment increased by 200,000 jobs in March. This figure was more or less in line with the consensus estimates ...
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