ThinkstockThe extent of the jobs crisis extends well beyond the measurements released by the Labor Department and ADP each month. One reason for this that is cited frequently is the number of people who…
courtesy of IBMInternational Business Machines Corp. (NYSE: IBM) has ordered staffing contractor CDI Corp. (NYSE: CDI) to reduce the number of hours CDI’s employees bill Big Blue to no more than 36 a week.…
Ed Brown, via Wikimedia CommonsThe Labor Department is out with its latest weekly jobless claims report, which is also the last report ahead of Friday’s key unemployment and payrolls report. Claims fell by 18,000…
courtesy of Ford Motor CompanySales of the Ford Motor Co. (NYSE: F) F-150 flagship pickup have surged so strongly that the U.S. car company will add workers to build more of them. Analysts have…
ThinkstockAlcoa Inc. (NYSE: AA) remains pressured to build up its earnings in a very difficult environment. Now the company has announced that it will “review 460,000 metric tons of smelting capacity over the next…
ThinkstockWe already warned ahead of the number that the first-quarter gross domestic product would come in well under estimates. Now we have a setup for a weaker-than-expected April payrolls and unemployment report from the…
The economy is still tough and jobs are not yet plentiful. That is likely one part of why the rise of the dollar store theme is now becoming a secular trend rather than a cyclical trend.…
ThinkstockThe U.S. Employment Cost Index in the first quarter of 2013 is looking very tame, and the so-called wage inflation is running very low. The Labor Department showed that the first-quarter benefits and pay…
ThinkstockUnemployment in the euro area grew again in March, supporting the obvious conclusion that a lack of stimulus, terribly high unemployment and the crippling of the financial and industrial sectors will keep pulling most…
ThinkstockNow that shale has become a major source of energy, economists have started to argue the extent to which it can boost the U.S. economy. If North Dakota, one of the world’s centers for…
ThinkstockGermany’s jobless rate rose by a very modest amount in April, but the story is that it rose at all. Germany has started to teeter close to recession, as its regional neighbors have fallen…
ThinkstockBy Charles Kennedy of Oilprice.com Sun, 28 April 2013 00:00 Benefit From the Latest Energy Trends and Investment Opportunities before the mainstream media and investing public are aware they even exist. The Free Oilprice.com Energy Intelligence Report gives you…
ThinkstockIf European Union finance ministers and the International Monetary Fund (IMF) have turned away from austerity as a means to help the region’s economy, the action has not affected Greece, where the government has…
ThinkstockElectronic Arts Inc. (NASDAQ: EA), which recently dumped its chief executive officer, has decided to cut a large number of workers as well. EA has been unable to make the transition from a company…
Ed Brown, via Wikimedia CommonsThe U.S. Labor Department is out with its report on weekly jobless claims. Thursday’s reading amounted to a good change from the prior week, as the weekly claims fell by…