TrimTabs Challenges Such Poor Jobs Data From BLS
The Labor Department’s report of 9.8% Unemployment and the dismal +39,000 non-Farm Payrolls data was so bad and so far under estimates that we have some questions about the accuracy of the data. It…
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Newest first · Page 90Reality Check on Unemployment & Jobs Creation, Ugliness
The Labor Department is out with the newest round of its unemployment and non-Farm payrolls data. Unlike expectations, it is ugly. The data for November showed an unemployment rate of 9.8% and non-Farm Payrolls…
When Disaster Strikes: Corinthian Colleges Loses CEO After President Leaves (COCO, APOL, STRA, EDMC, CECO)
The battering continues among for-profit colleges. Faced with federal rules changes that could affect their ability to secure student loans, the colleges have seen their stock prices tank in the past 12 months. The…
Jobless Claims Get Corrective Start Heading Into Holidays
The holidays are usually a sign for a cheer, but the Labor Department’s freshest round of weekly jobless claims may be some of the ‘almost’ best news on the jobs front in some time. …
Jobless Claims Still Too High For Unemployment Changes
The U.S. Labor Department is out with its weekly jobless claims, and so far there are no real changes despite the numbers being slightly lower than what had been historic trends. The jobless claims…
Unemployment Holds, Yet Corporations More Than Double Hiring Expectations
Before you were setting yourself to get overly excited about today’s jobs data, there is a camp that believes the jobs data was as relevant as gold to a dead man unless it came…
Jobless Claims Finally Heading in Right Direction
The weekly jobless claims data from the Labor Department managed to show a positive trend this morning. Claims actually fell by 21,000 down to 434,000 for the week. Bloomberg had consensus at 455,000. This…
The European Labor Unions That Could Destroy Austerity
The government austerity budgets being put into place around Europe have raised the ire of powerful labor unions which have already proven this year that they can disrupt the business and government operations of…
The World Of Austerity: As Debt Costs Fall, The Temptation To Spend Returns
The cost for the UK to borrow money fell to its lowest level in decades. It is now below Germany, which is close to a miracle based on how the capital markets viewed the…
Austerity Movement Threatened As Strikes Spread
Strikes by truckers in France threatened to close major highways and may even disrupt inventories of fuel across the European nation. Officials said they would call out the police, if necessary, to keep the…
CEO Gridlock And The Future Of Business
The Business Round Table, which is a group of the most powerful CEOs in America, will meet in Chicago this month and try to address what the largest businesses in the US can do…
Unemployment/Payrolls Should Influence Voters Next Month
The Labor Department is out with the latest round of bad news on unemployment and the change in non-Farm Payrolls data for September. September’s unemployment rate remained unchanged at 9.6%. Where this goes awry…
Weekly Jobless Claims Slight Improvement, But No Celebrations
The Labor Department is out with its latest weekly jobless claims and we saw a drop at -11,000 to 445,000, although the figures from a week ago were revised slightly higher to 456,000 from…
A Small Jobless Claims Improvement
The Labor Department’s figures on the latest weekly jobless claims came in with a drop of 16,000 down to 453,000, slightly better than expected but still a no-growth level for jobs. The consensus estimate…
Weekly Jobless Claims: Labor Gets A Number Headed the Right Way
The Labor Department is out with its newest figure of weekly jobless claims and the tally fell quite a bit down to 451,000. Bloomberg had the estimate at 470,000. The initial jobless claims from…