State Employment Improvement — the Rich Get Richer
Ed Brown, via Wikimedia CommonsState unemployment can only improve so much if the states with the highest jobless rates do not have a turnaround in hiring, obviously. So far, that has not been the…
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Newest first · Page 64Job Creation Slides in January — Gallup
ThinkstockGallup’s Job Creation Index fell from 17 in December to 16 in January, the lowest level in 11 months. The index for nongovernment jobs fell from 20 in December to 18 in January, the…
Seasonal Hires to Top 80,000 at Home Depot (HD, LOW)
Wikimedia CommonsThe country’s largest home improvement store, The Home Depot Inc. (NYSE: HD), announced this morning that it has begun hiring the first of more than 80,000 seasonal employees to staff its 2,256 stores…
The Best Part of the CBO Budget
ThinkstockThe best part of any budget is the part in which its architects forecast what will happen years into the future. Nations, companies and nonprofits have five-year plans. Most of these plans are not…
More Small Businesses Cutting Jobs — Gallup
ThinkstockOver the past 12 months, more small businesses have fired employees than hired new ones, according to the latest Wells Fargo/Gallup small business index. The January index reading of -10 is slightly higher than…
Weak Unemployment and Payrolls Data in January Just Doesn’t Really Matter
Ed Brown, via Wikimedia CommonsThe Labor Department is out with its critical monthly employment situation report. Wall St. will not exactly be cheering, although the news is not exactly awful. The unemployment rate is…
Personal Income, Employment Costs and Weekly Jobless Claims All Skew Unemployment Expectations
Ed Brown, via Wikimedia CommonsThursday brought on a slew of economic data ahead of Friday’s key unemployment and nonfarm payrolls data. The Labor Department and jobs watchers have some good news and some bad news…
German Employment Ticks Up
ThinkstockGermany’s Federal Labor Agency reported that unemployment in the country improved very slightly in January. Those unemployed dropped a mere 16,000 to a seasonally adjusted 2.92 million. Bloomberg reported: German unemployment unexpectedly declined in…
Consumer Confidence Tanks, Setting Bad Tone for Jobs and Unemployment
The Conference Board’s monthly report on consumer confidence in the month of January is out, and the number is not pretty. The reading came to 58.6, which is the weakest reading in more than…
GM to Spend $600 Million at Kansas City Plant
Courtesy General Motors Co.A new 450,000-square foot paint shop, a new stamping press, and other upgrades to the General Motors Co. (NYSE: GM) Fairfax plant in Kansas City will cost the company $600 million.…
Good Jobs for College Grads — Or Just Jobs?
ThinkstockThe kinds of jobs that don’t require a college degree probably hasn’t changed much in the last 30 or more years. What has changed is the number of those jobs now filled by college…
Wall Street Sheds the Most Jobs Since 2009
It was once a privilege, at least from a financial standpoint, to work on Wall St. The job cuts in the financial industry threaten the lucrative jobs of tens of thousands of people around…
Beef: Prices Rising or Falling?
ThinkstockLast week privately held Cargill Inc. announced that it would close its beef processing plant in Plainview, Texas, due to a drop in the number of cattle available as a result of the continuing…
Strong Report on Weekly Jobless Claims — a Trend in the Making?
Ed Brown, via Wikimedia CommonsLast week’s first solid reading on the weekly jobless claims reading is being confirmed this Thursday. The Labor Department has announced that weekly jobless fell by 5,000 in the past…
Unions Lose Ground in Biggest State Strongholds
Ed Brown, via Wikimedia CommonsThe new annual data on union membership must be particularly depressing for labor leaders in states that have traditionally been their strongholds. New BLS data show that national union membership dropped to…