... release under the Employment and Training Administration.
Keep an eye peeled for the unveiling trends in this weekly report. Currently, it looks like the rate of decline may be slowing as we approach ...
Wednesday, November 11, 2009
... pertained to employment : Challenger Report; ADP Report; Jobless Claims; Nonfarm Payrolls Report, which included the current unemployment rate. With unemployment hovering just below the 10% mark, many ...
Friday, November 06, 2009
The improving jobs picture took a turn for the worse this morning when the Labor Department released its monthly nonfarm payrolls report along with the current unemployment rate. Both data points reported ...
Friday, November 06, 2009
... weeks of concerns about the pace of the recovery. It was also encouraging for investors ahead of Friday’s monthly employment report, noted CNNMoney.
But true economic recovery is never supported by one ...
Thursday, November 05, 2009
Although Fed Chairman Ben Bernanke claims the recession is over, this Friday's unemployment figures are not expected to provide significant encouragement that the U.S. is in recovery mode.
The U.S. ...
Thursday, November 05, 2009
... Report] signals unemployment will keep climbing even after the economy begins to expand, one reason why Federal Reserve policy makers may pledge to keep interest rates low for a long time after their ...
Wednesday, November 04, 2009
... poorly for the latest GDP figures as well, with the economy growing at 3.5%, largely on the back of a cheap dollar – increasing exports – and government spending.
Without a recovery in unemployment , ...
Wednesday, November 04, 2009
... the end of this year – at least.
Even though the European Commission now sees growth for 2010, unemployment could swell to its highest level since 1995. (So could the budget deficit.)
The European ...
Tuesday, November 03, 2009
As bad as the unemployment numbers seemed on Monday, the deeper numbers are likely a good bit worse.
The most commonly reported number is actually only one of six measurements. It’s called the ...
Tuesday, November 03, 2009
... unemployment coming down, people are back to work and businesses confident to invest again."
That could take several more months. Reuters reports, “the key number in next year's U.S. congressional ...
Monday, November 02, 2009
... reports will garner the attention of worldwide investors and lawmakers on Capitol Hill as much as the jobs data, culminating with Friday’s October payroll report.
Four of the 16 reports pertain to employment : ...
Monday, November 02, 2009
...
Cooked Books
For example, I certainly read the Labor Department’s unemployment figures.
According to Labor’s Bureau of Labor Statistics, unemployment is still just a hair below 10%, ...
Monday, October 19, 2009
... is recovering more slowly than anticipated.
That doesn’t bode well for unemployment levels. If manufacturing isn’t picking up, then obviously hiring isn’t going to happen either. ...
Thursday, October 08, 2009
... Geiger counter, and unemployment trends paint an increasingly dark picture of consumer credit defaults. Personal bankruptcy filings soared past the 1 million mark as of Sept. 30 – a whopping 41% increase ...
Wednesday, October 07, 2009
This week the markets await earnings reports. But we may already see signs of good news coming from the financial sector.
According to FierceFinance.com, Bank of America (BAC:NYSE) and Goldman Sachs ...
Tuesday, October 06, 2009
The Labor Department released its September jobs report this morning and the figure came in much more dire than previously forecasted. Employers eliminated 263,000 jobs last month and the unemployment ...
Friday, October 02, 2009
... machinery, according to the report. Manufacturing employment also fell in September.
That said, some analysts are still arguing that this is a sign of recovery.
MarketWatch’s Greg Robb reports, ...
Thursday, October 01, 2009
... ground early next year, though some analysts caution that a rising unemployment rate will restrain growth.
The Conference Board said Monday its index of leading indicators rose 0.6 percent in August. ...
Monday, September 21, 2009
Although the unemployment rate dropped in Maryland and Virginia, the unemployment rate in D.C. jumped in the month of August.
From The Washington Post:
The unemployment rates for the District rose ...
Friday, September 18, 2009
20.
Signs of Hope for U.S. Economy
(Matching tags: Employment Rate,Taipan Insider,Retail Industry,Sara Nunnally,Housing Sector,Banks,Natural Gas,Economic Growth)
... 10% unemployment means that 90% of us get up and go to work and make things happen.
The basic fact of business is that booms turn to busts, and busts to booms, just as assuredly as autumn turns to ...
Friday, September 18, 2009
21.
Three Reasons to Be Happy
(Matching tags: Employment Rate,Crisis Trader,Christian DeHaemer,Housing Sector,Economic Growth)
... foreclosed on. But heck, 10% unemployment means that 90% of us get up and go to work and make things happen.
The basic fact of business is that booms turn to busts, and busts to booms, just as assuredly ...
Thursday, September 17, 2009
Drugmaker Eli Lilly & Company announced it will elimate 5,500 jobs over a two year period and hopes to cut annual costs by $1 billion.
From Marley Seaman, the Associated Press:
NEW YORK — Seeking ...
Monday, September 14, 2009
23.
Slaves to the Past?
(Matching tags: WaveStrength Options Weekly,Stock Market News,Unemployment Rate,Editor Adam Lass)
... ought to be dead in the water by now, what with all the overhang from such threats as “falling wages, falling revenues, brutal cost cuts, imploding state budgets, contracting credit lines, rising unemployment , ...
Thursday, September 10, 2009
Wall Street has shown gains this morning despite the August Jobs Report that showed unemployment rose again.
From Alexandra Twin, CNNMoney:
NEW YORK (CNNMoney.com) -- Stocks struggled higher ...
Friday, September 04, 2009
... loss of 230,000 jobs in August, compared to a loss of 250,000 in July. The unemployment report was forecasted to tick up by 0.1% to 9.5%. The official Labor Department report painted a different picture. ...
Friday, September 04, 2009
... pattern for employment in America, but the data continues to draw a dire picture for jobs and the millions sitting on the unemployment rolls.
Yesterday, executive outplacement firm Challenger, Gray ...
Thursday, September 03, 2009
... unemployment insurance climbed.
The firings are one reason economists project consumer spending, which accounts for 70 percent of the economy, will be slow to strengthen. Analysts surveyed by Bloomberg ...
Thursday, September 03, 2009
While there were 298,000 job losses in August, experts believe that this is a sign of an improving employment outlook going into 2010.
From John Tozzi, BusinessWeek:
Private non-farm employers cut ...
Wednesday, September 02, 2009
... mirror,” the optimists like to say. “Their problems are behind us now.”
This is similar to the view that unemployment is a lagging indicator – more indicative of past pain than future trouble. But, as ...
Tuesday, September 01, 2009
First-time filings for state unemployment benefits fell for the fifth time in the last seven weeks, dropping to its lowest level in about 5 months.
From RTTNews:
(RTTNews) - The number of people filing ...
Thursday, August 27, 2009
31.
Profit from Real Estate Boom
(Matching tags: Real Estate,Construction Industry,WaveStrength Options Weekly,Unemployment Rate,Editor Adam Lass)
... get away with it is to keep unemployment around 10% for the next 18 months, if at all possible.
And a body could stand to make some 500% ...
Wednesday, August 26, 2009
... action in the markets is that it’s taking place during a prolonged recessionary period with high unemployment that continues to dance with a double-digit rate.
However, the S&P 500 is not ...
Wednesday, August 26, 2009
... be in terrible shape. Oh, wait.
That was sarcasm in case you missed it. In 14 states plus the District of Columbia, the unemployment rate has now reached double-digit levels. Three of those states ...
Tuesday, August 25, 2009
...
Unemployment is still high, officially at 9.4%, and expected to climb to 10%.
If you don’t have a job, you can’t buy a house, no matter how juicy the tax credit is…
I touched base with WaveStrength ...
Tuesday, August 18, 2009
35.
Japan in Recovery?
(Matching tags: Emerging Markets,Economic Growth,Employment Rate,Japan Investments)
With Japan reporting GDP up 3.7% in the second quarter, some are wondering if its economy is in recovery.
From The Mainichi Daily News:
TOKYO (AP) -- Japan's economy grew 3.7 percent at an annual pace ...
Monday, August 17, 2009
With fewer workers on the payroll, businesses are squeezing the most possible work out of employees.
From Lucia Mutikani, Reuters:
WASHINGTON (Reuters) - U.S. output per worker rose at its fastest ...
Tuesday, August 11, 2009
... bad as it ever was. In fact, Washington is doing its best to make it worse.
Over the past few days, we have heard that unemployment is up – which is bad – but not up as much some thought it ought ...
Monday, August 10, 2009
So, President Obama decided to stop by Elkhart, Ind., for a little chat. Obama had been to the city in February to promote his stimulus plan. Evidently, it was time to pay another visit to the “Unemployment ...
Wednesday, August 05, 2009
... employment to about 40,500 by the end of 2009, through layoffs and other measures.
Read the full article.
...
Monday, August 03, 2009
Even after Congress extended unemployment benefits it appears that around 1.5 million Americans will lose their unemployment benefits by the end of the year.
From Erik Eckholm, The New York Times:
Over ...
Monday, August 03, 2009
... unemployment insurance decreased for a third week.
An analyst at Labor said distortions from the timing of auto-plant shutdowns “worked themselves out” of the data last week, returning claims to “trend.” ...
Thursday, July 30, 2009
With more and more customers banking online, Bank of America is planning on closing 10% of its 6,100 branches.
From CNN Money:
NEW YORK (CNNMoney.com) -- Bank of America Corp. is planning to "modestly" ...
Tuesday, July 28, 2009
After posting a profit loss of 21%, Verizon plans to cut 8,000 jobs.
From Amy Thomson, Bloomberg:
July 27 (Bloomberg) -- Verizon Communications Inc. posted a 21 percent drop in profit after pension ...
Monday, July 27, 2009
The minimum wage goes up to $7.25 on Friday, which comes at a bad time for many businesses.
From Laura Petrecca, USA Today:
The third minimum wage increase in three years, effective Friday, is a moneymaker ...
Friday, July 24, 2009
Jobless claims jumped to 554,000, up 30,000 from the week before.
From Julianne Pepitone, CNN Money:
NEW YORK (CNNMoney.com) -- The number of Americans filing for initial unemployment insurance rose ...
Thursday, July 23, 2009
Bernanke told Congress that the economy looks to be stabilizing, despite high unemployment and low consumer spending.
From RTT News:
(RTTNews) - Federal Reserve Chairman Ben Bernanke told lawmakers ...
Tuesday, July 21, 2009
Stocks pushed upward during Thursday trading, helped by lessening unemployment and Alcoa's better than expected report.
From Alexandra Twin, CNN Money:
NEW YORK (CNNMoney.com) -- Wall Street held onto ...
Thursday, July 09, 2009
States will feel the pinch on July 24th when federal minimum wage goes up to $7.25 per hour.
From Aaron Smith, CNN Money:
NEW YORK (CNNMoney.com) -- The federal minimum wage is set to increase later ...
Monday, July 06, 2009
Unemployment claims rose last week to 627,000, but the overall trend is still downward.
From Julianne Pepitone, CNN Money:
NEW YORK (CNNMoney.com) -- The number of Americans filing for initial unemployment ...
Thursday, June 25, 2009
... Note: The first in an occasional series that looks at unique strategies for navigating the jobless recovery.]
For the millions of Americans right now looking for a job, the latest batch of employment ...
Friday, June 26, 2009
