The U.S. Labor Department is full of good news this morning. Both the weekly jobless claims and the producer price index as a measure of wholesale inflation came in better than expected. Maybe Christmas…
Freddie Mac has released its full “U.S. Economic and Housing Market Outlook” for December, which is actually the government sponsored entity’s 2012 outlook for the housing market and the economy in general. Whether you…
The job market remains tight enough, and people remain concerned enough about their current employment, that many would accept cuts in vacation time and benefits. The news stands as another indication that the jobs…
The average person in the U.S. works just over 2,000 hours per year, or 39.5 per week, and is paid $37,128 per year, according to the Bureau of Labor Statistics. Some occupations, however, require…
We already saw the rate cut from the European Central Bank this Thursday morning. Now it is time for the U.S. Labor Department’s weekly announcement on jobless claims. The report put the last week’s…
In a more detailed explanation of planned service cuts floated last September, the U.S. Postal Service has now published some details to its cuts in first-class mail delivery and the closure of up to…
The U.S. Labor Department has reported on November unemployment and non-farm payrolls this morning on the heels of a weak jobless claims figure yesterday. Non-Farm Payrolls grew by 120,000 for November, in between the…
The Heldrich Center at Rutgers has issued a new report that says only 7% of people who lost their jobs after the financial crisis have made it back to their former levels of work and…
The U.S. Labor Department has issued its coverage of weekly jobless claims. There may be some volatility due to the report being around the Thanksgiving holiday week, but the figures are disappointing and they…
The Labor Department is showing that weekly jobless claims fell by 5,000 to 388,000 versus a Dow Jones forecast of about 397,000. This may still be too close to the 400,000 mark to make…
The Labor Department reported that there were 3.4 million open jobs nationwide in September. Most analysis of the number said that this was great progress over the 3.1 million level in August. The optimism…
AMD (NYSE: AMD), the perpetually badly run chip company, will cut 10% of its workers. The firm has labored in the shadow of larger rival Intel (NASDAQ: INTC) for over a decade. AMD’s trouble…
The good news is that the Federal Reserve is not calling for a recession and it still is calling for growth ahead. While we noted even last week that there were 10 indicators signaling…
The International Labour Organization warned in its “World of Work” report that “a stalled global economic recovery has begun to dramatically affect labour markets.” A major labor body has an incentive to make such…
Ford’s (NYSE: F) new UAW contract is good news for the auto company’s financial future but bad news for workers, who will have a stagnant standard of living. It is another example of how…