jobs report

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

By , Money Morning -

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...

Stay Away from This Irrational Indulgence

By , Global Credit Strategist, Money Morning • @MichaelELewitt -

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

By , Contributing Writer, Money Morning -

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

By , Contributing Writer, Money Morning -

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

By , Associate Editor, Money Morning • @DavidGZeiler -

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...

The Scary Wage Growth Story in the December Jobs Report

By , Contributing Writer, Money Morning -

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…