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umemployment posts

What Is the Dutch Formula for Holding Down Unemployment?

Posted Jan 3rd 2010 2:20PM by Connie Madon (RSS feed)
Filed under: Management, Employees, Personal Finance, Workspace, Politics, Recession, Financial Crisis

The Netherlands has one of the lowest unemployment rates in Europe. At present it stands at 3.1%, according to the Wall Street Journal (subscription requiquired).

You may be wondering how the Dutch hold their unemployment at such low levels. The Netherlands saw the need to develop an aggressive jobs program following the 2008 world crisis. The government poured roughly $2.9 billion into a fund to help businesses retain their employees.

Continue reading What Is the Dutch Formula for Holding Down Unemployment?

ADP data casts a bearish tone to the morning -- will it last?

Posted Dec 2nd 2009 10:00AM by Mark Fightmaster (RSS feed)
Filed under: Employees, Economic Data

Some analysts may tell you that the market could "care less" about the ADP report (scroll down to the fifth paragraph to see CRT Capital Group's comments), but Treasurys are a bit lower thanks to the latest report, and the markets didn't get the boost they needed and remained near flat territory.

The data show that 169,000 jobs were cut in November -- the fewest cut since July 2008. In addition, October's data of 203,000 jobs lost were revised down to 195,000. Still, November's decline marks a 22nd straight month in which private-sector jobs were lost. The ADP noted that while "overall economic activity is stabilizing, employment usually trails economic activity, so it is likely to decline for at least a few more months."

Continue reading ADP data casts a bearish tone to the morning -- will it last?