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Payroll/Population Ratio Declines — Gallup

In a tracking survey that estimates the percentage of the U.S. population employed at least 30 hours a week, Gallup reports that the Payroll to Population (P2P) employment rate fell from 45.3% in August…

Paul Ausick · 14 years ago

A Magic 7.8% Unemployment Rate in September

The Labor Department has released data on the September unemployment rate that is almost unbelievable. The official September unemployment rate is now magically put at 7.8%, versus a reading of 8.1% in August. Bloomberg…

Jon C. Ogg · 14 years ago

New Hiring Froze in September

More small businesses shed employees in September than added new employees, according to the latest survey from the National Federation of Independent Businesses (NFIB). The net change in seasonally adjusted employment per business fell…

Paul Ausick · 14 years ago

Unemployment Rate Falls: Gallup

Ahead of tomorrow’s official release of the U.S. unemployment rate, Gallup today said that its non-seasonally adjusted rate fell from 8.1% in August to 7.9% in September. The final September figure is identical with…

Paul Ausick · 14 years ago

Google Attaches Cost to Motorola Layoffs

In a brief filing with the SEC, Google Inc. (NASDAQ: GOOG) said that costs associated with a previously announced staff reduction at newly acquired Motorola Mobility would be 9% higher than originally planned. The…

Paul Ausick · 14 years ago

Weekly Jobless Claims Not Headed in the Right Direction

The Labor Department is out with its weekly jobless claims as the last formal report ahead of Friday’s key unemployment and nonfarm payrolls data. Last week we saw a gain of 4,000 jobs 367,000…

Jon C. Ogg · 14 years ago

Downsizing Activity Relatively Flat in September

U.S.-based employers planned to cut 33,816 jobs in September, according to outplacement firm Challenger, Gray & Christmas That was up 4.9% from 32,229 in August, as well as 71% lower than in September of…

Trey Thoelcke · 14 years ago

Google Warns of Further Restructuring at Motorola

Back in August, Google Inc. (NASDAQ: GOOG) said it would cut 4,000 Motorola Mobility workers, or 20% of the workforce, as the company shifted away other handset development in order to focus on making…

Trey Thoelcke · 14 years ago

Gallup: State, Local Governments Adding Jobs

Gallup’s September Job Creation Index indicated that nongovernmental jobs are being created at the lowest rate since February. The index score of +21 is down from +23 in August and well below the +25…

Paul Ausick · 14 years ago

ADP Picks Up Payrolls and Unemployment Expectations

The big number of the week is of course the Labor Department’s official nonfarm payrolls additions and the unemployment report. Today came one more bit of data from ADP, which may alter or change…

Jon C. Ogg · 14 years ago

ISM-New York Signals That Employment Is Holding Up

We have seen some additional data ahead of Friday’s key employment report, although we would note that this is only a small snapshot that is likely not large enough to make any broad determination.…

Jon C. Ogg · 14 years ago

Eurozone Unemployment Rises in August

The unemployment level in the euro area (EA17) rose to 11.4% in August, which matched July’s number. The jobless figure for the broader EU27 was 10.5%. Both figures demonstrate the extent to which recession…

Trey Thoelcke · 14 years ago

German Unemployment Ticks Up

The German Federal Labor Agency announced an increase in unemployment, which is likely to put a strain on Angela Merkel’s hold on the country and her efforts to use German money to help with bailouts…

Trey Thoelcke · 14 years ago