• http://theeconomiccollapseblog.com by Michael Snyd
We continue to get more numbers that indicate that U.S. economic activity is really starting to slow down. According to Challenger, Gray & Christmas, the number of layoffs in the United States was 38 percent higher in August than it was in July.
Two caste society: Underclass and the rich, with little in between. So-called "servant class" jobs which exist largely to cater for the needs of the elite are booming in America, massively outstripping overall job growth.
Sarah Sanders is in talks to join Teneo, a global consulting firm started by aides to former President Bill Clinton, to advise clients about Donald Trump's administration.
Sarah Huckabee Sanders, one of the more controversial holders of the office of White House Press Secretary in recent memory, will join Fox News Channel as a contributor.
• https://www.paulcraigroberts.orgPaul Craig Roberts
Yesterday's column referred to a "rising labor force participation rate" when it should have read "falling labor force participation rate." Those of you who read the column before I made the correction must have been puzzled, but, little d
While the headline payrolls number was solid and just as expected, if a more detailed read showed some red flags (downward revisions, rising wages only due to less hours worked),
Tesla is speeding up their European Gigafactory efforts and are hoping to finalize a location choice in the coming quarters. Elon said in Q and A at the 2019Q2 conference call that he was hoping to have the Gigafactory 4 location selected by the end
What some auto manufacturers and industry experts were passing off as a slight hiccup for the auto industry is rapidly turning into a full-scale recession if not all out depression...
GOP legislators (140) voted for a bill drafted by business groups and Democrats which provides a green card giveaway to 300,000 Indian contract workers and dramatically increases the incentives for more Indian graduates to take college graduate jobs
With the Fed's critical July meeting - where equity bulls hope to see the central bank deliver the 50 bp cut to the Fed funds rate that President Trump has demanded - just weeks away, Fed Chairman Fed Powell will sit for his biannual testimony before
At the end of the day, all of the frenzied whispers in the press about Deutsche Bank CEO Christian Sewing's sweeping restructuring hardly did it justice. Instead of moving slowly, the bank started herding hundreds of employees into meetings with HR,
Payroll growth rebounded sharply in June as the U.S. economy added 224,000 jobs amid concerns that both the employment picture and overall growth picture were beginning to weaken. The unemployment rate edged up to 3.7% as labor force participation ro
After ADP printed the biggest miss since Feb 2010 in May (adding the lowest amount of jobs since March 2010), expectations for June have been ratcheted down to just a 140k growth in jobs.
While some courtesans seemed to approve of the sex doll fetish, others argued that becoming "too comfortable" with an inanimate object might cause a person to distance themselves from "any possibility of a healthy sex life".
Matteo Salvini...Italian Interior Minister Matteo Salvini implemented budget cuts under his Security decree that will lead to the termination of an estimated 15,000 pro-immigration group and reception center workers. Left-wing groups complained just
In this day and age, more and more people rely on income from remote jobs, and businesses often hire professionals who are located elsewhere. Cross-border payments within the traditional financial system are slow and sometimes problematic. Employers
Two reporters fired amid widespread industry-wide layoffs this year are launching a nonprofit organization to protect other journalists from a similar fate as big tech companies continue to threaten the industry's viability.
• https://www.paulcraigroberts.org by Paul Craig Rob
For more a quarter century I have been explaining that America is not losing jobs to foreign competition but to our own corporations moving the work abroad in order to lower their labor costs and raise capital gains and bonuses for owners and executi
Automakers can't help but acknowledge the global recession in their industry after a decade of growth. As a result, they are slashing payroll across the board, according to Bloomberg. Countries like China, the United Kingdom, Germany, Canada and th
Ford revealed details of its long-awaited restructuring plan Monday as it prepared for a future of electric and autonomous vehicles by parting ways with 7,000 white-collar workers worldwide, about 10% of its global salaried workforce.