employment posts
FeedPosted Mar 30th 2011 8:30AM by Jason Raznick (RSS feed)
Filed under: Before the Bell, International Markets, Analyst Upgrades and Downgrades, Dell (DELL), Market Matters, Family Dollar Stores (FDO), Economic Data, salesforce.com inc (CRM)

U.S. stock futures are higher this morning, as investors await ADP employment data. Futures for the
Dow Jones Industrial Average surged 51 points to 12,276.00, and those for the S&P 500 index gained 6.20 points to 1,322.70. Futures for the Nasdaq 100 index added 16.50 points to 2,339.00.
Overseas, positive sentiment ruled the European markets today. While STOXX Europe 600 Index has gained 0.79%, London's FTSE 100 Index moved up 0.50%.
Continue reading Stock Futures Higher Ahead of ADP Employment Data
Posted Mar 4th 2011 8:00AM by Jason Raznick (RSS feed)
Filed under: Before the Bell, International Markets, Earnings Reports, Wal-Mart (WMT), Novell Inc (NOVL), Marvell Technology Group (MRVL), Currency

U.S. stock futures are higher Friday morning as investors await non-farm payroll data for February. Futures on the Dow Jones Industrial Average surged 32 points to 12,271.00 and futures on the S&P 500 stock index gained 2.80 points to 1,332.50. Nasdaq 100 futures rose 5 points to 2,376.75.
U.S. stocks closed higher, with the blue-chip Dow index surging 1.59%, or 191.40, to close at 12,258 on Thursday.
The jobs report for February will be released at 8:30 a.m. ET. Data on factory orders for January will be released at 10 a.m. ET.
Continue reading U.S. Stock Futures Up as Investors Await Jobs Report
Posted Jan 5th 2011 9:00AM by David Schepp (RSS feed)
Filed under: Employees, Economic Data
The dismal jobs front got a bit more good news, following the release of a report showing the nation's employers last year cut the fewest number of workers in more than a decade. Further, the findings showed 2010 ended on a high note, with December recording the lowest number of monthly cuts since 2000.
The slowdown in cuts follows an uptick in activity in 2009 when downsizing reached a seven-year high, according to the 2010 year-end job-cut report, released Wednesday by job-services firm Challenger, Gray & Christmas. Last year, employers announced plans to eliminate 529,973 positions, the lowest number since 1997.
Continue reading Job Cuts in 2010 Tumble to Lowest Level in More Than a Decade
Posted Dec 9th 2010 9:00AM by Connie Madon (RSS feed)
Filed under: Good news, Employees, Indices, Economic Data, Recession
The Bureau of Labor Statistics has an indicator that tracks the number of people who simply quit their jobs. CNBC.com reported that the indicator, which they dubbed "Take This Job and Shove It," climbed in October with 2 million people quitting their jobs, up from 1.7 million in the same month a year ago. The last time this pattern occurred was in 2003 when the economy started a long upward trend.
The "Shove It" indicator tends to turn up when people are confident enough that they will find another job if they quit their present one.
Continue reading More People Are Quitting Their Jobs
Posted Dec 7th 2010 3:30PM by Connie Madon (RSS feed)
Filed under: Forecasts, Market Matters, Economic Data
The Labor Department issued its Jobs Openings and Labor Turnover Survey (JOLTS) today, as reported by CNBC.com. Here are some available stats:
- Business and government advertised 3.4 million jobs at the end of October, up 12% from the previous month.
- The number of available jobs increased by about 1 million or 44% since July 2009. This was well below the 4.4 million advertised in December 2007.
- There were on average 4.4 workers for each available job in October, down slightly from the 4.9 the previous month.
- In 2007 the number stood at 1.8 workers for each available job.
Continue reading Job Openings Climb to a Two-Year High
Posted Dec 3rd 2010 10:20AM by Connie Madon (RSS feed)
Filed under: Employees, Market Matters, Economic Data, Federal Reserve

The Labor Department threw the market a curve today when it reported nonfarm payrolls data for November. Employers added only 39,000 jobs in November, far below the 144,000 job growth economist had anticipated. The unemployment rate, too, rose to a seven-month high of 9.8%, up from 9.6% in October.
Markets reacted instantly. The Dow Jones Industrial Average futures fell 54 point to 11,310, and the S&P futures slid 7 points,
The Wall Street Journal reported. Treasuries moved up, with the yield on the 10-year note declining to 2.94%.
Continue reading Jobs Report Falls Short, Pushing Stocks Lower
Posted Nov 21st 2010 11:10AM by Connie Madon (RSS feed)
Filed under: Economic Data, Entrepreneurs, Small Business, Recession
Fewer business start-ups are being launched, reports the the Wall Street Journal. The Labor Department said that the number of companies with at least one employee fell by 100,000, or 2%, in the year ended March 31. That was the second worst performance in 18 years -- the worst one was a drop of 3.4% the previous year.
Why are these numbers important? In past recessions small business start-ups were the key to spurring the economy. In the three quarters that ended in March, newly formed companies created only 2.6 million jobs, 15% fewer than in the first three quarters of the last recovery.
Continue reading Fewer Small Business Start-Ups Mean Fewer Jobs
Posted Aug 6th 2010 10:30AM by Mark Fightmaster (RSS feed)
Filed under: Bad News, Economic Data
Many were expecting good news out of the Labor Department when it released the nonfarm payroll report for July. Unfortunately, this wasn't the case -- and the morning has taken a decidedly bearish tone.
According to the Labor Department, 131,000 jobs were lost during the month. The drop was attributed to the fact that 143,000 Census-related jobs were cut. Analysts expected overall employment to absorb the number of temporary jobs cut and show a drop of 65,000. When revising payrolls for May and June the picture turned even bleaker. The Labor Department revised the reading for those two months lower by 97,000, meaning fewer jobs than originally thought were created.
Continue reading Payroll Data Sets Bearish Tone for the Trading Day
Posted Aug 4th 2010 11:00AM by Mark Fightmaster (RSS feed)
Filed under: Economic Data
According to the ADP employment payroll report released Wednesday morning, private-sector employment in the United States increased by 42,000. This data is a precursor to Friday's nonfarm payroll report, which is expected to show a decline of 60,000. July's increase was the sixth straight increase.
With experts predicting a drop of 60,000 jobs, I have one major concern. According to the article, analysts are expecting an increase of 96,000 jobs in the private sector. But the private sector (while it did report an increase) reported far fewer than 96,000 added jobs.
Continue reading U.S. Private Sector Jobs Increase During July
Posted Jun 23rd 2010 9:30AM by Beth Gaston Moon (RSS feed)
Filed under: Consumer Experience, Competitive Strategy, Wal-Mart (WMT), Politics

After years of pretty staunch resistance, Walmart (
WMT) may finally be gaining access to the nation's third-biggest market: Chicago. In the past, labor unions and other organizations had banned the retailing giant from the metro area, citing unreasonable salaries and unfair treatment.
In an effort to respond to these concerns, WMT has devised the "
Chicago Community Investment Partnership," which carries enough economic clout to win over the Windy City's decision-makers. As Alderman Anthony A. Beale summed up in a release, "most of all, [the city of Chicago] need(s) good jobs."
The Partnership, to be carried out over the next five years, promises the following:
Continue reading Walmart Finally Coming to Chicago?
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