ThinkstockWe already saw a less robust outlook from TrimTabs showing that estimated job growth for March was 156,000. That was up from its 100,000 job growth February estimate, but the report shows that actual…
ThinkstockEach and every month the markets get to digest new unemployment and payrolls data. While the U.S. Labor Department’s formal report called the Employment Situation is out at 8:30 a.m. each first Friday of…
ThinkstockThis Friday we will get to see the Labor Department’s employment situation report. If one number can influence the markets in a major way, the payrolls data would be considered one of the top…
ThinkstockEurostat reported that unemployment in 17-nation euro area continues to hover at 12%. It is worth remembering that, at the depths of the recession, U.S. joblessness barely topped 10% during the worst months. Europe…
ThinkstockThe February report for the purchasing managers index (PMI) came in at 54.2, a number that indicates expansion in the economy. Even better, the new orders index posted a reading of 57.8. But these…
Ed Brown, via Wikimedia CommonsStocks are fighting to get into positive territory on Thursday, ahead of a long three-day weekend in celebration of Easter. We have two key reports that investors are watching closely:…
Ed Brown, via Wikimedia CommonsAll job creation is local, which makes national unemployment numbers flawed as a measure overall economic activity. Nothing shows this better than recent data on job creation by city, although…
courtesy of XeroxOne of the largest hurdles to the Xerox Corp. (NYSE: XRX) “recovery” is the extent to which its employees hold the company and its chief executive, Ursula M. Burns, in low regard.…
Ed Brown, via Wikimedia CommonsThe U.S. Labor Department is out with its latest read on weekly jobless claims. This likely was not fully available to the Federal Reserve for its announcement yesterday, and with the markets…
ThinkstockWhere you work can be an excellent predictor of your health, happiness and stress levels. A recent Gallup poll demonstrates the extent to which workers in different professions tend to have similar levels of…
ThinkstockA large body of evidence indicates that many people who lost jobs in the most recent recession have had to replace them with positions that pay much less. If so, consumer spending has been quietly…
ThinkstockThe Employee Benefit Research Institute released a study that shows what almost everyone already knows. Americans have too little money to retire, and they know it. The solution is not quite as clear as the…
ThinkstockThe restructuring of the financial services industry, which has ranged from 30,000 layoffs at Bank of America Corp. (NYSE: BAC) to cuts at Citigroup Inc. (NYSE: C) and Barclays PLC (NYSE: BCS), has reached…
ThinkstockIf there is an event, there is a cost or an economic impact associated with it. St. Patrick’s Day comes every year on March 17, and 24/7 Wall St. wanted to see what sort…
Ed Brown, via Wikimedia CommonsTwo bits of data were released from the Labor Department today. Weekly jobless claims is a live reading, and producer prices measuring wholesale inflation is a February reading. With the…