As the labor participation rate and employment to population ratio linger near three decade lows, the mouthpieces for the establishment continue to perpetuate the Big Lie this is solely due to the retirement of Boomers.
Did you know that when you take the number of working age Americans that are officially unemployed (8.2 million) and add that number to the number of working age Americans that are considered to be "not in the labor force" (94.3 million), ...
Unexpected Drop...If bulls were expecting a February payrolls miss, they did not get it when moments ago the BLS reported that nonfarm payrolls surged by 242K in the past month, smashing expectations of 195K, with the January and December prints both
China aims to lay off 5-6 million state workers over the next two to three years as part of efforts to curb industrial overcapacity and pollution, two reliable sources said, Beijing's boldest retrenchment program in almost two decades.
When the oil boom was churning in remote expanses of Montana and North Dakota, Andy Turco left college in Illinois to take a chance on finding backbreaking, dangerous and high-paying work on the Great Plains.
With the Services economy now joining the manufacturing sector in recession - with both employment components collapsing - one may be surprised to see initial jobless claims hovering back near 42-year lows...
The bosses at more than a third of Britain's biggest companies including oil giants Shell and BP and its largest telecoms group said leaving the European Union would put the economy at risk, backing Prime Minister David Cameron's call to stay in the
In response to Humanoid Robots to Manufacture Planes, reader "XBE", a 37-year ex-Boeing employee, pinged me with a few comments on robots and trends in the number of people it takes to build a plane.
The number of Americans filing for unemployment benefits unexpectedly declined last week to a three-month low, signaling stability in the labor market.
The last 4 months have seen a notable change in the jobless claims regime. After ratcheting lower week after week for 5 years, initial jobless claims have risen from 42 year lows at 243k in October to 293k today.
Executives of Al Jazeera America (AJAM) held a meeting at 2 p.m. Eastern Time to tell their employees that the company is terminating all news and digital operations in the U.S. as of April 2016, resulting in the loss of hundreds of jobs.
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