... 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
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
... Challenger Report; ADP Report; Jobless Claims; Nonfarm Payrolls Report, which will include the current unemployment rate. With unemployment hovering just below the 10% mark, many Wall Street economists ...
Monday, November 02, 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
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
... Setback to Recovery
Eurozone Unemployment Rate Edges Up to 9.6%: EU
...
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
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
17.
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
... 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
23.
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
... 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
Even after more than 6,000 workers taking its buyout and leaving the company, General Motors may need to cut more jobs.
From Soyoung Kim, Reuters:
DETROIT (Reuters) - More than 6,000 U.S. hourly workers ...
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
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
Citing the possibility of 10% unemployment by year’s end, President Obama says he wants to see how the current stimulus helps before initiating a second stimulus.
From Hans Nichols and Julianna Goldman, ...
Tuesday, June 23, 2009
... advance number for seasonally adjusted insured unemployment during the week ending May 30 was 6,816,000, an increase of 59,000 from the preceding week's revised level of 6,757,000.”
The rate ...
Friday, June 12, 2009
Jobs. Jobs. Jobs. With unemployment for May recorded at 9.4%, joblessness is at a 26-year high, reported MarketWatch. Some are beginning to imply that this means Obama’s stimulus is failing.
According ...
Monday, June 08, 2009
... journalists, reportedly for charges of illegal entry and hostile acts.
French Jobless at Two-Year High
Christine Lagarde, France’s Finance Minister, said the nation’s current unemployment figure ...
Friday, June 05, 2009
... term.
Tomorrow we get an unemployment report on unemployment as a percentage. CNNMoney points out that today’s rate is 8.9% and the Street expects it to come in higher than 9.2%. That would ...
Thursday, June 04, 2009
It’s simple math: If you have less people finding jobs and more people losing jobs, then you have a rising unemployment rate regardless of how you spin the headline.
CNNMoney reports that first-time ...
Friday, May 29, 2009
... go and spoil it all by announcing that March saw another 663,000 folks get the old pink slip. He even went on to point out that we now had the highest rate of unemployment since 1983.
GET IT ALL ...
Monday, April 06, 2009
... Unfortunately, it’s to the downside, a 0.5% loss for 2009.
Well, Now We’ve Got “Worse”
Remember back in the good old days of late 2008, when they thought unemployment might hit 7.1%? A month or so ...
Monday, February 23, 2009
43.
Four Charts to Ponder
(Matching tags: Justice Litle,Unemployment Rate,China Investments,Shipping Industry)
... thus far is the highest in post-war history. Past recessions have seen larger unemployment losses in percentage terms – but this recession isn’t over yet.
So why did stocks rally hard on the news of ...
Tuesday, February 10, 2009
... are the "Gain Chains" that could turn every $1000 you invest into 66 - 113 GRAND... Read on for the details...
Tough Times…
Those were tight times. Total unemployment was hovering around 5.5% ...
Monday, February 09, 2009
...
Here's how you could play it for 190 times your money or more...
A Rule That Works Every Time
I’ve got an interesting stat for you concerning unemployment . It doesn’t predict recessions ...
Monday, January 12, 2009
... this year, some 1.2 million jobs have spiraled down the maw of "the recession no one would name," raising our national unemployment rate to a 14-year high of 6.5%.
When the usual crowd of economists ...
Monday, November 10, 2008
U.S. job cuts just spiked to a five-year high. Find out who got pink-slipped and which businesses will get the axe.
Last week, I wrote to you about some of the little numbers that will trump Washington’s ...
Monday, October 06, 2008
Can the Modest Drop in Gasoline Prices Save American Retailers?
The long crisis is finally coming to an end! Rising costs, falling employment, failing banks, the stock market crash… It’s all over!
According ...
Monday, September 15, 2008
... deadbeat. A mental loser. A whiner.
There are a few brave souls who have attempted broader measures of unemployment . They are coming up with numbers double to triple the Labor Department’s 6.1% figure. ...
Monday, September 08, 2008
