Jobless Claims Still in Purgatory
The weekly jobless claims are out from the Labor Department and the results are not as bad as the week before. They are not exactly solid yet either. The claims figure fell by a…
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Newest first · Page 93Jobs Still Very Sluggish
Weekly jobless claims came in with a lackluster drop of 4,000 to 444,000, effectively in-line with Dow Jones estimates. The week before was revised from 444,000 to 448,000. The good news is that the…
Massey Defense, When No News Is Good News (MEE, KOL)
Massey Energy Company (NYSE: MEE) has been thrashed since its catastrophic mine explosion. Shares were near a 52-week high when this came about, and things have gone far south from then. NPR reports of…
Finally, Some Good News in Unemployment
The Labor Department has released its figures for unemployment and for non-Farm Payrolls for the month of March. The official unemployment rate was 9.7% and the change in non-Farm Payrolls was a GAIN of…
Jobless Data Fails To Inspire
After the surprise drop of 23,000 in ADP estimated payrolls for March, all eyes were on the Labor Department’s weekly jobless claims data. There was a drop of 6,000 on an adjusted basis to…
No Unemployment Bombshells in February
The Labor Department has released its Unemployment rate for February. The official figure kept at 9.7% versus a Dow Jones projection of 9.8%. The change in non-Farm Payrolls in February was -36,000, a drop…
Weekly Jobless Data Prelude to Confusing Unemployment Report
The weekly jobless claims from the U.S. Labor Department showed a decline from the week before. The weekly claims fell by a 29,000 adjusted figure to 469,000 claims after last week’s figure was moved…
Jobless Claims Nearing Half-Million, Again
This morning’s weekly jobless claims from the Labor Department are showing a whole new round of concerns that perhaps the recently weak consumer confidence is due to the notion that jobs are not getting…
Jobless Claims Heading in the Right Direction
The Labor Department has just released its data on weekly jobless claims and there was a drop of 43,000 to 440,000. Bloomberg consensus estimates from economists was listed as 467,000 jobless claims. Last week’s…
Somehow, Some Way, Unemployment 9.7%
Many have said that the math from the US Labor Department is fuzzy, and today will only show further conversations of that notion. Despite the negative recent news in weekly jobless claims, the unemployment…
Growth Again… In Jobless Claims
The Labor Department released the weekly jobless claims data this morning, and whatever policies are being presented just are not helping on the hiring and firing front in the nation. The weekly jobless claims…
Signs Of The Apocalypse: Large Multinationals Layoff Over 60,000 In January
The large multinational companies were supposed to have done their layoffs during the first half of 2009, when the recession was at its worst. Those layoffs should have cut as close to the bone as…
Jobless Claims Turn Back Wrong Way
The weekly jobless claims are are fresh out from the Labor Department. All the gains we started to see and the progress made late in 2009 are going the wrong way now. We show…
Jobless Data Heads Wrong Direction
The Labor Department has released its weekly jobless claims data. The figure came in as a gain of 11,000 in the jobless line at 444,000. We had a consensus expected from Bloomberg as being…
Out For Smokes or Alien Abductions… The Shrinking Labor Force
The Great Recession has taken its toll on America. The New-Normal in U.S. economic data and jobs is starting to look like more like Europe every day, except that none of us get five-weeks off…