The financial markets are abuzz today over a Wall Street Journal survey that says economists now give the U.S. economy a 1-in-3 chance of falling into … Read more
Obama Has Uphill Fight Even Before Jobs Plan Unveiled
Whatever jobs plan President Obama unveils tonight (7 p.m. ET) when he addresses Congress and the nation, it will face a tough, uphill battle to be … Read more
Retailers Expect No Growth in Holiday Hiring
Two days before the President unveils his plan to put Americans back to work, new reports are out with mixed jobs news. First up is a survey by Hay Group … Read more
Job Growth at Zero In August
Job growth was a wash in August, with the U.S. economy adding 17,000 private, nonfarm sector jobs, but losing the same number of government jobs. That … Read more
ADP Says Private Sector Jobs Continued Slow Growth in August
If you subscribe to the notion that any growth in jobs is good, then today’s report from ADP will be encouraging. The payroll processor said 91,000 … Read more
Monster Stock Soars as Execs Buy and Investors Turn Optimistic
Consumers may be pessimistic about jobs, but investors clearly were not today, bidding up the stock of the three publicly held career sites. So aggressive … Read more
Big Drop in Confidence Fueled by Jobs Pessimism
U.S. consumer confidence in August dropped to the lowest point in two years, the result, analysts say, of the protracted debate over the debt issue and the … Read more
Job Growth May Be Stagnant, But July HR Job Postings Rise
A declining Employment Trends Index is signaling job growth stagnation lasting through the end of the year, says The Conference Board. The Index, released … Read more
Job Boards Down Double Digits As Financial Markets Tank
HR stocks are getting hammered far harder than the broader financial markets, as the global selloff that began a week ago resumed today. HR stocks are … Read more
July Jobs Report Offers Some Relief After a Week of Bad News
With Wall Street braced for the worst, the U.S. Labor Department had good news this morning. The U.S. economy added 117,000 jobs in July and the … Read more