Mike: Friday’s upcoming jub numbers are a reflection of what happened and while that is bad enough, the numbers to come in the next few months will be even less appealing. The fabulous Fridays job numbers of the housing bubble have been replaced by the fearful Fridays of the correction period. Here are the latest […]
Continue reading about Fearful Friday – Employers ax 533,000 jobs in Nov., most in 34 years
Mike: Thursday is showing a wide range of jobless news, but unfortunately most of that news showing continuing deterioration in the job market. Let’s see what the big numbers show: The number of workers on jobless benefits rolls hit a 26-year high last month, although initial claims dipped last week, data showed on Thursday, underscoring […]
Continue reading about Thursday – 26-year High for Jobless Benefits
Mike: The following is the real bad news of the day with 250,000 private employer jobs lost. Last months numbers were revised upward, so there is a possibility that the 250,000 could be exceeded once a final tally arrives. NEW YORK (Reuters) – Private employers slashed an unexpectedly high 250,000 jobs in November, the most […]
Continue reading about Wild Wednesday – 250,000 Private Employer Jobs Lost
