After a long period of unemployment, any upside to the jobs numbers at any point offers a helping hand to the stocks of companies that revolve around the jobs market. That is payroll services,…
The official unemployment rate for August is out from the Labor Department and the unemployment rate grew 0.1% to 9.6% as expected. The total non-Farm payrolls was -54,000 in August, but the private sector…
The Institute for Policy Studies, a progressive think tank, has published its 17th annual survey of CEO compensation, noting, among other things, that CEOs of the 50 firms that have laid off the most…
The economic data has been atrocious from jobs to housing and now we are getting some earnings warnings as companies are realizing that they cannot stick by the guidance offered in July. Yet the…
Results for this Gallup poll are based on telephone interviews conducted Aug. 5-8, 2010, with a random sample of 1,013 adults, aged 18 and older, living in the continental U.S., selected using random-digit-dial sampling.American…
The Labor Department’s weekly jobless claims fell a sharp 31,000 to 473,000 in the last week, something which which may be a relief to many hoping that the trend can reverse. Last week’s preliminary…
Defense contractor Northrop Grumman cut 642 people from its ship building operation yesterday. That follows another 300 cuts from the same operation last month. The reason given was that the Navy has slashed orders…
As the global economy recovers and businesses around the world begin to expand their workforces again, labor shortages are bound to become a mounting issue for the developed world – despite current unemployment figures.…
Forty-five percent of Americans believe they are underpaid. The number should probably be 100%. How many people actually believe that their talents are not worth more money? The press has looked at the new…
The Labor Department is out with its latest round of weekly jobless claims. It is uglier than a hat full of toes and fingers. The new figure was 500,000 for the most recent weak,…
Several retail analysts pointed out that Walmart’s (NYSE: WMT) earnings and those of Home Depot (NYSE: HD) were helped by rigid cost controls. This is not the first time during the earnings season, which…
Weekly jobless claims are getting worse and worse. At this rate we’ll be above 500,000 per week again very soon. The weekly jobless claims reported by the Labor Department rose by an adjusted 2,000…
The economic recovery continues. At least it is continuing for about 5 of every six workers in America. The Unemployment rate and non-Farm Payrolls data is showing the continuation of a jobless recovery that…
We are supposed to be seeing a gain in jobs and the economic growth is still supposed to be there despite the growth being weak. There is unfortunately no good news on the jobs…
It may not be much of an economic recovery any longer. The latest weekly jobless claims from the Labor Department shows a bleak jobs picture continuing after what many have hoped would be the…