What the Gargantuan March Jobs Miss Reveals About Wall Street’s Broken Crystal Ball
There is a peculiar ritual that plays out on the first Friday of every month in America. A constellation of ...
Tag: Jobs
ADP Employment Reports Shows Better Than Expected Job Gains, Accelerating Wages
(Zero Hedge)—Hiring and pay gains both held steady in March. The ADP National Employment report printed a better than expected +62k ...
U.S. Adds 130,000 Jobs in January, Unemployment 4.3%, Defying Expectations
(The Center Square)–The U.S. economy added 130,000 jobs in January, according to new data released from the Bureau of Labor ...
Historically Low Jobless Claims Shock Most Economists
The Labor Department just released figures showing initial jobless claims dropped to 198,000 this week, a decline of 9,000 from ...
HP’s Job Cuts and AI Push Are Wake-Up Calls for America’s Economy
American tech giant HP just announced plans to slash up to 6,000 jobs worldwide by 2028, all while pouring resources ...
World’s Largest Food Company Cuts 16,000 Jobs
Nestle, the Swiss-based giant that dominates the global packaged food market, announced plans to eliminate 16,000 positions worldwide over the ...