Jobless Claims Add More Base for Strong Payrolls and Unemployment Report
Another solid jobs number is setting the tone for Friday's unemployment and payrolls report.
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November Job Cuts at 7-Month Low
Challenger, Gray & Christmas reported this morning that U.S. firms fired over 35,000 employees in November. For the year to date, job cuts are 22% below last year's level.
ADP Sets Strong Stage for Labor Department Payrolls
ADP's monthly payrolls report is often used as a bias-generation preview for the key monthly payrolls and unemployment data from the U.S. Department of Labor.
Best Places to Work — 2018
Online job hunting site Glassdoor.com has released its 2018 listing of the top 10 places to work. The rankings include employers in the U.S., Canada, the U.K., France and Germany.
Weekly Jobless Claims Head Lower as Continuing Claims Tick Back Up
U.S. jobless claims fell yet again last week. This is a continued signal of a very robust labor market, but the financial markets likely will ignore these numbers until they start climbing again.
Hawaii’s Unemployment Rate at 2.2%, Alaska’s at 7.2%
Alaska, the 49th state to join the Union, had the highest unemployment rate of any state in October. Hawaii, the 50th, had the lowest. That shows how uneven the job recovery after the Great…
American Labor Market: More Jobs, Poor Pay
Among the concerns about job growth in the United States as its recovered from the Great Recession was that low-paying jobs were too large a part of the advance.
There Are Still Over 6 Million Job Openings in America
On the last day of September, there were more than 6 million job openings in the United States. The number of job openings have been at or near record high levels since June of…
Employment Trends Index Confirms Strong Job Market
After a better snapback recovery in payrolls than the markets initially wanted to credit the U.S. economy for last Friday, the Employment Trends index confirms a solid recovery.
7.5% of Black Americans Remain Unemployed
One group that still suffers from unusually high, nearly recession-level joblessness, is black Americans. The jobless rate for the group was 7.5% last month.
Why the Payrolls Report for October Wasn’t Really All That Weak
The problem in calling a report "weak" is that there may be serious issues and revisions that come into play. Some "weak" reports are strong after you look through the details.
ADP Payrolls Sets Stage for Strong Labor Department Payrolls Gains
According to ADP, private sector payrolls added more jobs during the month of October than analysts had forecast.
US Managers Not Reluctant to Email Subordinates After Hours, Study Says
The vast majority of managers in the United States said they would contact their employees outside of work hours, unlike supervisors in many European countries where emailing subordinates after hours is banned by law.
Announced Job Cuts Lowest for the Quarter Since 1996
Job cuts announced by companies in the third quarter declined more than 22%, the biggest quarterly drop for a third quarter since 1996.
How Hurricanes Harvey and Irma Contributed to the First Payroll Losses in Years
If you were already bracing for a poor payrolls report for September, your hunch was right. Much of this is due to the impact of hurricanes Harvey and Irma.