Weekly Jobless Claims Fall; Payrolls Rise
The US Department of Labor said today that the seasonally adjusted number of new claims for unemployment benefits fell by 14,000 in the week ended June 30th, from a revised total of 388,000 for…
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Newest first · Page 78Very Mixed Indicators For Unemployment & Jobs Data This Week
While many investors and traders are going to be out, we have two key events to watch this week. The first is a hoped-for rate cut from the European Central Bank on Thursday. Americans…
Economic Data from Chicago and from University of Michigan Sentiment Adds More Weakness
The report on the Chicago Purchasing Managers Index is showing more and more weakness, but perhaps not as much as expected. The change in the University of Michigan sentiment barometer is weak as well.…
Weekly Jobless Claims Targeting More Weak Employment Data
The Labor Department’s report on weekly jobless claims is the next to last report before the coming unemployment data in a week and one day. The latest claims figure was down 6,000 to 386,000…
Apple’s Labor Problems Grow
Apple’s (NASDAQ: AAPL) labor practices in China have been questioned again, just as the company seemed to have gotten criticisms about lead supplier Foxconn behind it. Fortunately for Apple, none of the past complaints…
Philly Fed & Leading Indicators Adding to Uncertainty
Two more economic reports are driving traders into more uncertainty this morning. The so-called Philly Fed was dismal and the ‘not so leading’ Leading Indicators were barely above the red line. See SPDR S&P 500…
More Bad News on the Jobs Front
The Labor Department is just looking like it is not going to be source for any good news. With the employment and economic situation worsening again, it may be no real surprise. Today’s data…
A Couple Bumps in the Road for Apple
Apple Inc. (NASDAQ: AAPL) may not be the greatest company to work for nor may it be immune to the woes of technology as so many think. The company is set to hand out…
Current Account, Inflation & Jobless Claims Not Enough For QE3 & Twist Pressure
This Thursday brought many economic reports, none of which are very good for the bulls. The bulls have another worry here as well and that is that the weakness seen here today is not…
Unions Still Support Democrats
American unions and their members have supported Democrats for decades. Democrats continue to be seen as champions of the blue-collar class, as well as lower-paid professions like teaching. Republicans still have the image as the party of…
A Decline In Worker Productivity, Wages Rise Slower Than Expected
While this data is a first quarter revision, the trend may have been hit that worker productivity may have peaked. Worker productivity fell by -0.9%, which is worse than the -0.5% prelimnary report and…
Reality Check: Unemployment Rises to 8.2% & Dismally Low Number of Jobs Created
This is not the best report to see if you are graduating from college. The Labor Department reported the employment situation this morning. Unemployment came up to 8.2% versus 8.1% the prior month and…
Jobless Data Signals Weak Unemployment Report Coming
The Labor Department is out with the weekly jobless claims ahead of Friday’s report on unemployment and the trend went the wrong way for this week and the week before. The report showed a…
TrimTabs Mutes Unemployment Hopes
The employment report for May is due on Friday from the Labor Department, and the first views of the tally may be a weak. TrimTabs has data out this morning projecting that only 124,000…
‘Participation Rate’ To Be Key Focus With Unemployment Rate This Friday
This Friday will be close to marking the mid-year progress report on jobs created and on the unemployment rate. The expectation from Bloomberg shows an expected 8.1% unemployment rate for May, which would match…