Staff Cuts
Mike: The Jobless Claims report shows that: The number of Americans filing claims for unemployment benefits fell last week to the lowest level since January, depressed by shifts in the timing of auto plant shutdowns. Initial jobless claims dropped by 47,000 to 522,000, lower than forecast, in the week ended July 11, from a revised 569,000 […]
Mike: My job has been a little easier so far this week with the reduced number of layoff announcements, which may be an indication that there’s a slowdown in layoff activity, at least in the short-term. These’s plenty of retail economic news out there today and it’s a very mixed bag. I’ll let the people […]
Mike: Tuesday is a rather quiet day for economic reports and layoff announcements so far, so I’ll get on to the news of the day. Since I’m running a little late today and don’t have time for commentary right now, I’ll urge you to take a look at the following article that includes part-time workers […]