Weekly Jobless Claims Challenge 400,000 Yet Again
The weekly jobless claims from the US Labor Department did rise in the last week. The good news is that there was not a 400,000 handle on the data. The bad news: the might…
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Newest first · Page 88The States With The Strongest and Weakest Unions
The size of American labor unions has fallen sharply in the last decade. Much of this has to do with the erosion of the US manufacturing base. The single best example of this is…
Unemployment Nearing Two-Year Lows
If the government can keep its counting at the same metrics, unemployment may get down under 8% again by year-end. The Labor Department reported this morning that the ‘official’ unemployment rate hit 8.9% for…
The Sixteen States That are Killing Their Pensions
For decades, public employees have had pension plans identical to those provided by most large American companies. These are defined benefit plans that pay workers a fixed sum each year after they have retired…
Another Positive Move in Jobs
The Labor Department just released the weekly jobless claims data and showed that the weekly jobless claims fell down by 19,000 back under the 400,000 threshold to some 391,000 claims. Dow Jones was looking…
The Great Hiring Binge Moves to Home Depot (HD, LOW)
The Home Depot Inc. (NYSE: HD) might not be getting a pop in the stock from this, but the company plans to add some 60,000 seasonal employees for its second annual “Spring Black Friday”…
Jobless Claims Hit Two-and-a-Half Year Lows
The weekly jobless claims are finally back under the 400,000 mark. Today’s reading showed that the drop was 36,000 down to 383,000. To show just what a relief it is, this was the lowest…
Government Uses Magic to Fudge Unemployment Data
The Labor Department is out with its unemployment rate and the change in non-farm payrolls. If you like to challenge the government’s math or accuse the government of fudging numbers, today’s data will add…
Falling Jobless Claims Meet Falling Wages
The U.S. Labor Department just released the weekly jobless claims and the reading fell by 42,000 down to 415,000. The week’s reading from a week ago was revised to 457,000 from 454,000. Dow Jones…
The 8 Greatest Dividend Gains For 2011 (AWK, CSCO, XOM, FDX, GE, HPQ, JPM, WMT)
Corporation are now sitting on billions and billions of dollars in their corporate treasuries. They are keeping their share prices higher by returning capital to shareholders. Most are certainly not hiring large numbers of…
Americans Will Take Jobs They Don’t Want
Americans who need jobs will take jobs other than the ones they desire. A new Gallup poll says that “Six in 10 unemployed Americans say the next job they get is not likely to…
Immense Pain in Jobless Claims
The Labor Department just delivered the weekly jobless claims and the numbers are startling even if seasonality is a large issue in January as retailers and transport companies trim back on their holiday temporary…
American Labor Cuts Its Own Throat, Again
New data from the Bureau of Labor Statistics shows that the number of union members in the US dropped by 12.3% last year. Union members are now only 11.9% of the working population. The…
Why Cracking Down On Illegal Immigrants Is Nuts
The Obama administration has been accused by Republicans of being “soft” on illegal immigration. Nothing can be further from the truth and there lies the problem. As The Wall Street Journal noted today, U.S.…
Environmental Heat on Apple in China (AAPL, HPQ, BT)
A Chinese environmental group, the Institute of Public & Environmental Affairs, IPE, has just published a study blasting Apple Inc. (NASDAQ: AAPL) for not “honoring its commitment in ensuring its supply chain’s work safety…