unemployment

A Week of Continued Strong Jobs Data Pushes Chances of Fed Rate Hike in March

Maybe all that post-election economic hope and all the day in and day out record highs on the Dow Jones Industrial Average and in the S&P 500 Index had some ...
Read Full Story »

Will Unemployment Press the Fed to Raise Interest Rates in March?

This Friday's unemployment report is also one of the freshest economic views before Federal Reserve Chair Janet Yellen and the Federal Open Market Committee members decide whether to raise interest ...
Read Full Story »
Homeless man asking for help poor poverty

In Detroit, 100,000 People Still Unemployed

The turnaround of the fortunes of Detroit has failed to benefit 99,229 people, which is the number of them out of work in December, according to the Bureau of Labor Statistics. ...
Read Full Story »
Manual workers working construction

Why the Jobs Market Keeps Looking Solid for 2017

If there is one measurement used to track the economy that matters the most to the public, it has to be about jobs. Gross domestic product can rise and fall, ...
Read Full Story »
ThinkstockPhotos-481735362

Why a Solid January Payrolls Gain Created Such an Unusual Market Reaction

The jobs picture is already looking up again in America. After ADP posted a shockingly higher than expected payrolls figure for January, the solid jobs news was more than confirmed ...
Read Full Story »
thinkstockphotos-492610688

ADP Payrolls Strength Supports Trump Bump and Higher Labor Department Expectations

If economists and investors were looking for confirmation that the post-election rally was going to turn into real growth in economic readings, look no further than the January ADP Employment ...
Read Full Story »
Latin American teen

Los Angeles, With 1.7 Mexican Immigrants, Faces Major Labor Shortage

Los Angeles, with 1.735 million Mexican immigrants, which is 13.3% of its total population, faces major changes if the Trump Administration implements some of its plans to build a wall between ...
Read Full Story »
White House

President Obama’s Final Unemployment and Payrolls Tally

If you ever wanted to find a major economic reading that always has the chance of moving a market that just does not matter for the time being, this Friday's ...
Read Full Story »
Business Closed Sign

Video Rental Is America’s Most Quickly Dying Industry

The U.S. economy is the largest in the world, but maintaining a competitive edge necessitates remaining diversified and dynamic. This means that some U.S. industries will thrive while others inevitably decline ...
Read Full Story »
Fired Businessman

Happy Holidays, You’re Fired: List of Companies Laying People Off

The holidays are a particularly cruel time to lay off people, or to tell them they will be laid off soon. That has not stopped a number of companies from ...
Read Full Story »
Fired Businessman

Job Openings Drop in October

While the biggest number from the Bureau of Labor Statistics (BLS) and the U.S. Department of Labor is the monthly payrolls and unemployment report, its Job Openings and Labor Turnover ...
Read Full Story »
Designer at work

Employment Trends Index Remains Strong in November

After last Friday's Bureau of Labor Statistics (BLS) report on unemployment and payrolls, it was assumed that the labor market remained strong. There were less than solid payrolls gains, despite a ...
Read Full Story »
Happy Business workers copy

November Unemployment Hits Post-Recession Low, With Caveats

Friday's only real economic report of much consequence was the U.S. Department of Labor's employment situation report. It turns out that the official unemployment rate for November dropped to a post-recovery ...
Read Full Story »
Handshake

ADP Payrolls Gain May Boost Labor Department Expectations — With a Caveat

Each and every month, the U.S. Department of Labor's payrolls and unemployment rate report is effectively previewed by ADP's monthly private sector payrolls report. These reports are not unilaterally mirror ...
Read Full Story »
retail recession

Small Business Trends Not Improving Much in November

Maybe there has been a huge stock market recovery and maybe consumer sentiment has screamed higher in the three weeks since the presidential election. The overall employment picture remains one ...
Read Full Story »