jobs report

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...

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…

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...

July Jobs Report: Growth Slows, Slack Lingers in U.S. Labor Market

job-queue

U.S. job growth slowed more than expected in July, resulting in an unexpected rise in the unemployment rate, according to the July jobs report just released today (Friday) by the U.S. Department of Labor.

After surging (a revised) 298,000 in June, nonfarm payrolls increased by 209,000 last month. The unemployment rate ticked up to 6.2% from 6.1%.

Here are 12 key takeaways from the closely watched July jobs report…

The Stock Market Today's Top Stories, Including DIS, FOX, GE, AAL and More

stock market today

Stock market today, July 17, 2014: The Dow Jones Industrial Average finished up yesterday (Wednesday) for its 15th record-breaking close in 2014. U.S. Federal Reserve Chairwoman Janet Yellen testified before Congress, reiterating that the economy remains vulnerable to a struggling job market and stagnating wages - two reasons why the central bank will continue its loose monetary policy in 2014.

Here are the top headlines in the stock market today you should know to make your Thursday profitable...

A Cut-to-Bone List of the Top Stock Market News Stories Today – FDO, LL, BAC, and More

stock market news

Stock market news today, July 10, 2014: At its worst, the Dow Jones was down 180 points intraday. The Chicago Board Options Exchange Volatility Index (VIX), typically known as the Fear Index, jumped more than 5% this afternoon.

On the jobs front, the number of Americans seeking unemployment benefits reached a seven-year low.

Here’s the scorecard from Thursday’s trading session, and the top stories in stock market news today…

U.S. Labor Department Jobs Report: Big Gains in June, but Still Lagging Behind

U.S. Labor Department jobs report

Optimism surrounded Thursday's release of the June U.S. Labor Department Jobs Report, but although the numbers were better than expected, we still have plenty to worry about, and the economy is still in trouble.

Employers added 288,000 jobs in June. The unemployment rate dipped to 6.1% from 6.3%, the lowest level since September 2008.

Despite some encouraging figures in the jobs report, it is still peppered with troubling data - like these dismal numbers...

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