The guessing about the August jobs numbers will be amplified as Friday’s announcement approaches. Some analysts believe that the figures will prove that the U.S. rate of GDP growth has moved to near zero. Others argue…
Hyundai has just settled a long and bitter strike with its auto workers. Lufthansa cabin crews have just disrupted its flight schedule. Talks between AMR’s American Airlines and pilots might scuttle “merger” talks with US Airways Group Inc. (NYSE:…
The U.S. unemployment rate peaked at 10% in October 2009 and has since slowly improved, flirting with 8% earlier this month. Despite the downward trend, the rate is still more than double prerecession levels.…
Francois Hollande, the president of France, wants his government to spend roughly $2.5 billion to create 150,000 jobs in 2012 and 2013. The details of the program are complex. The central government would subsidize the hiring of young…
Almost 60% of Americans would change careers according to a recent survey conducted by Yahoo! Finance and Parade magazine. That’s just one of a number of startling results: Most Americans (28%) don’t expect to…
Between 2010 and 2020, the United States is expected to add nearly 20 million new jobs. That represents a 14.3% increase in labor. A good part of that change has to do with population…
With an unemployment rate still stuck above 8% and much talk about a mismatch between worker skills and the jobs available, many people are trying to scope out the fields that will have many…
The economy has begun its slow recovery from the Great Recession, and with it, the labor market is showing signs of improving as well. The unemployment rate fell from 9.5% in June 2009 to…
The Labor Department is out with its report on weekly jobless claims. Today’s report came to 372,000 and that was a gain of 4,000 after last week’s report was revised higher to 368,000 from…
The Great Recession has affected nearly every person in the United States. But the recovery has fared better in some parts of the country than others. 24/7 Wall St. looked at the 10 metropolitan…
In a report from the Fair Labor Association (FLA) published yesterday, Apple Inc. (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co., better known as Foxconn, is ahead of schedule on correcting a total of…
Denmark-based Vestas Wind Systems A/S, the world’s largest maker of wind turbines, reported second-quarter results early this morning. The company posted revenue of €1.61 billion ($2.0 billion), a year-over-year rise of 15%. Order backlog,…
The most recent Gallup unemployment survey reported that the unadjusted U.S. unemployment rate in mid-August rose from 8.2% at the end of July to 8.3%. The polling firm’s seasonally adjusted rate also rose from…
The report on weekly jobless claims is now out from the Labor Department, and the number of claims gained 2,000 to total 366,000. Bloomberg and Dow Jones were both looking for 365,000 for the…
As much of the world made a modest recovery from the recession, many people were still worried about their jobs last year. But, those concerns returned to prerecession levels — similar to the ones just ahead of 2009…