WASHINGTON— Even after another month of strong hiring in June and a sinking unemployment rate, the U.S. job market just isn't what it used to be. Many part-timers can't find full-time work. "The Fed may recognize that this is a new labor-market normal, and it will begin to normalize monetary policy," said Patrick O'Keefe, an economist at accounting and consulting firm...» Read More
In a tough job market, more and more workers are accusing their employers of discrimination, a report from the Equal Employment Opportunity Commission said on Tuesday. The New York Times reports.
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What makes a job the worst? "To be at the bottom of the list, you really have to have a lot of things working against you," said Tony Lee, the publisher of CareerCast.
Zachary Karabell of RiverTwice Research examines how the markets can continue to rally amidst high unemployment.
While it might not be a Goldilocks economy, it just may be a Goldilocks unemployment rate as far as investors are concerned: Not too cold as to indicate a double-dip, but not too hot so as to push the Fed to the sidelines.
The Fast Money traders see little to cheer in declining unemployment.
The US economy added 103,000 jobs in December, while the unemployment rate dropped to 9.4%. The growth came from gains in the private sector, with 113,000 jobs added.
A good many economists agree that American companies are on the verge of ramping up hiring, even as they disagree on how many jobs were created last month.
There are a slew of jobs in demand right now, but that doesn’t make them the best jobs. Here are some of the best jobs in America for 2011.
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The ADP Employment report showed stronger than expected jobs gains for the month of December...This is very good news and extrapolated would indicate an additional 3.5 million jobs in 2011.
The private sector created an eye-popping 297,000 jobs from November to December, according a report from ADP that was the highest number the payroll firm has ever reported.
The year 2010 was not a stellar year for job creation, and while the United States is back on the road to recovery, a big question mark hangs over the jobs market.
The past is not always a prologue to the future. But looking at some of the big winners and losers of 2010 does provide some strong hints of a positive 2011.
Faced with growing budget deficits and restive taxpayers, elected officials from Maine to Alabama, Ohio to Arizona, are pushing new legislation to limit the power of labor unions, particularly those representing government workers, in collective bargaining and politics, the New York Times reports.
Companies are busting out of cost-cutting mode and shifting into gear for growth. What does that mean for the job market? See 10 jobs that will be the most in demand in 2011.
Take your newfound income – that 3.5% of every thousand dollars over whatever level of income you need, and put it immediately and directly into the economy by donating it to charities that assist others with acute needs.
So where are the jobs? Click to see six industries with the biggest pickup in hiring, which companies are doing the most hiring in those sectors, and some of the positions they’re looking for.
It is what will lead the U.S. economy to a self-reinforcing virtuous cycle of increases in production, income, and spending, and it is what will enable risk assets to continue to outperform less risky assets. This condition will prevail for a while. The path to successful investing is to ride these trends and get off before they are discredited, says bond expert Tony Crescenzi.
The fallout from the global crisis of 2008 will continue to impact economies around the world, but the amplitude will be lower, allowing for a return to a more normalized environment for growth and profits. As health returns to economies, so will investment returns.