New claims for unemployment rose slightly last week for the first time in six weeks, but the four week average continued to fall. The seasonally adjust number of first time claims rose by 17,000 to 474,000. Analysts had expected the number to fall to 450,000. However the four week average, which is [...]
Continue reading...Wednesday, December 2, 2009
Payroll services company ADP released its monthly report today and said that the private sector cut another 169,000 jobs in November. This is down from 195,000 in October and marks the eighth straight month that job cuts have fallen. Analysts are predicting net job growth starting in February and a return to “full [...]
Continue reading...Tuesday, November 10, 2009
A new survey from the Labor Department says that job openings were up in September. Job openings were also up in August, making this the first two month increase since early 2007. This is good news for a struggling job market and many analysts are pointing to this as evidence that jobs are [...]
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Thursday, December 10, 2009
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