This Report Should Jolt the Fed Into Action
Job openings are a key indicator of the state of the economy. This latest report on openings vs. unemployment has ...
Tag: jobs report
A Big Story Is Hidden in the Unemployment Report
In the latest unemployment report, the number of workers leaving exceeded the number of new jobs created. Part-time jobs are ...
Higher Wages Won’t Fix Job Openings Glut
Last week’s unemployment report led to arguments over labor force shortages. Despite arguments, higher wages won't fix the job openings ...
Unemployment Is Not Improving. Market Rallied Friday on Bad Gov’t Data
When the facts become widely known, traders may react as if the news was purposely misleading. This could undermine confidence ...
Coronavirus Job Destruction Could Take 5 Years to Fix
This will be a stock market that remains volatile for years with large up and down moves. Trading, rather than ...
Record Jobless Claims Wipe Out Post-Great Recession Employment Gains
Economist: "The U.S. economy is hemorrhaging jobs at a pace and scale never before recorded. It compares to a natural ...
5.2M Jobless Claims Filed, Wiping Out Almost All Job Gains Since 2009
ING Chief International Economist: "The scale of job losses we have had in the past four weeks is remarkable, nearly ...
Economists See Rocky Jobs Recovery, High Unemployment Through ’21
The median forecast was for a dramatic spike in the unemployment rate due to the social distancing measures and mandated ...
US Jobless Claims Exceed 6M Again, Pushing 3-Week Total to 15M
Economists polled by Reuters had forecast claims slipping to 5.250 million in the latest week, though estimates in the survey ...
US Sheds 700K Jobs, Ending Growth Streak and Fueling Recession Fears
"In addition, data collection for the two surveys was affected by the coronavirus. Although response rates for both surveys were ...
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