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jobs report

2015 Job Layoffs Up 31% Year Over Year in August

u.s. layoffs

Job layoffs in August were a notable improvement from July. However, the 2015 year-to-date total is up 31% from the same period a year ago.

Retail and oil have been hit particularly hard.

Keep reading to find out where the steepest job cuts came from last month...

After August Jobs Report, Will the Fed Raise Interest Rates?

Dow Jones futures

Will the Fed raise interest rates sooner than later due to the new job numbers? The data is set for release this Friday, Sept. 4, and the numbers are good indicators of what's to come.

Depending on how committee members view the jobs report numbers, interest rates could spike for the first time since June 2006.

Here's what you need to about to know about handling your hard-earned cash during these volatile times...

U.S. Jobs Report Shows Highest Layoff Total in Four Years


The U.S. jobs report showed 105,696 pink slips were handed out last month as job cuts skyrocketed to the highest level in four years.

The oil patch continues to feel pain, but it isn't alone.

Keep reading to see which industries and companies were hit the hardest...

Stay Away from This Irrational Indulgence

How to Profit

When I see the market rally mindlessly - as it did on Friday, after the jobs report pushed the jobless rate down to 5.4%- I ask myself a set of questions like the following.

Do investors really think it's going to matter if the Fed raises interest rates by a quarter of a point in September instead of June? Do they really think it's normal that €3 trillion of European debt is yielding less than zero? The Swiss National Bank (Switzerland's Federal Reserve) owns $100 billion of stocks...Is that considered normal?

I can't be any more direct than this - sometimes the plane hits the ground before people have a chance to parachute to safety. Investors trying to ride this market to the bitter end are going to find the end is bitter, indeed...

Here's How Bad Job Layoffs in the U.S. Are Now

job layoffs

Job layoffs in the U.S. soared 68% in April. Low oil prices pressured companies across all sectors to trim headcount.

U.S.-based employers announced a whopping 61,582 job cuts last month. That was up from 36,594 in March. It was also 53% higher year over year, when the job cut tally was 40,298.

Check out this list of employers that are slashing scary high amounts of jobs from their payrolls...

Jobs Report Turns Tables on Traditional Retail Havens


The lower than expected jobs numbers that the Bureau of Labor Statistics released last week could signal a trend more disturbing than a potential rise in unemployment.

Find out why.

February Jobs Report: Why Wages Are Still So Low

February Jobs Report

The February jobs report showed a dip in the unemployment rate. But it also showed zero wage growth and a lower labor force participation rate.

A close look at the numbers shows this "recovery" has passed by too many people…

Here’s the real story on U.S. jobs…

U.S. Layoffs: More than 103,620 Announced in 2015

U.S. layoffs

Today's job report showed unemployment fell to 5.5% - but it doesn't seem like things are getting better when you look at the constant stream of planned U.S. layoffs and job cuts being announced.

Just two months into 2015, employers have announced a whopping 103,620 planned layoffs. That's up 19% from the 86,942 layoffs recorded during the same period in 2014.

Here's a look at some of the biggest job cuts announced so far this year...

January Jobs Report Doesn't Mean What Washington Says It Does

January jobs report

The January jobs report seemed like good news.

The U.S. Labor Department said 257,000 jobs were added to the economy. That easily beat the 230,000 numbers analysts had expected.

And yet unemployment ticked up to 5.7% from 5.6%. Money Morning Chief Investment Strategist Keith Fitz-Gerald sees the conflicting data in the jobs report as more proof the recovery is not the success President Barack Obama claims.

In this video, Fitz-Gerald discusses what the funny numbers from the January jobs report mean for the U.S. economy...

Financial News Today: The Mirage of Job Gains and Wage Growth

financial news today

Financial news today, Feb. 6, 2015: January's job report showed more jobs were added last month - but the reason isn't healthy...

The U.S. Labor Department reported Friday that 257,000 jobs were added last month. January's report capped the biggest three months of job gains in 17 years.

But of course these numbers were inflated. Here's what's behind the rise...

The Scary Wage Growth Story in the December Jobs Report

December jobs report

The December jobs report released today (Friday) by the U.S. Department of Labor highlights what’s missing in the job market’s recovery: wage growth.

According to the report, the United States added 252,000 jobs last month, ahead of consensus estimates of 240,000. That was enough to push the unemployment rate down to 5.6%.

But those impressive numbers were not enough to distract from the bigger story of falling wages…

Labor Department Jobs Report: Take a Closer Look at the Numbers

Labor Department jobs report

As usual, a closer look at the U.S. Labor Department jobs report for November shows things aren't as rosy as they first seem...

First, the big news. The jobs report showed employers added 321,000 jobs last month, crushing consensuses estimates of 230,000.

But it's far from "all clear" on the jobs front - here's why...

October U.S. Jobs Report Shows a Scary Truth About Wage Growth

October U.S. jobs report

Historically, low unemployment has led to faster wage growth. But that hasn’t been the case over the last six years.

The October U.S. jobs report shows the unemployment rate is down - but wage growth does not look good.

Here's what that means for our economy.

Where September's Job Gains Came From

where September's job gains came from

The unemployment rate dipped below 6% for the first time in six years, as the U.S. Department of Labor reported today (Friday) that employers added 248,000 new jobs in September. The gains took the unemployment rate down to 5.9% from August's 6.1% and beat consensus estimates of 215,000.

Here's where September's job gains came from - plus a look at the trouble still lurking beneath the numbers...

August Jobs Report Flop: Smallest Gain This Year with Only 142,000 Jobs Added

August jobs report

The August jobs report was disappointing indeed, missing estimates by a whopping 83,000.

Last month employers added the fewest jobs in eight months, the U.S. Department of Labor reported Friday. Payrolls increased by an uninspiring 142,000 in August, handily missing the median forecast for an increase of 230,000.

But that headline number wasn't even the worst part of the report...