Weekly unemployment claims have probably peaked this cycle. However, initial claims still remain stubbornly high. Here is the Weekly Unemployment Claims Report for the week ending October 17, 2009. In the week ending Oct. 17, the advance figure for seasonally adjusted initial claims was 531,000 ... Read more

Given that the Fed's first mission is to delay, confuse, hope, and otherwise attempt to buy time while engaging in wishful thinking along the way, that Bernanke is willing to admit this may be a jobless recovery is a sign that things will likely be at least that bad. In other words, prepare for a jo ... Read more

The Labor Department has released its latest data on weekly jobless claims.  The figure  came in at 627,000, a gain of 15,000.  We had a Dow Jones consensus looking for 605,000 and Bloomberg had 613,000 listed as the consensus estimates.  We also saw a revision here on the prior ... Read more

Weekly Jobless Claims just came out from the Labor Department and the most recent data shows a drop of 13,000 on a revised basis to 623,000.  The data from the week before was revised to 636,000 from 631,000. The notion that these are coming in above the 600,000 mark is only adding to the conti ... Read more

Last week’s release of negative employment data from the United States has many forex traders running from the USD. With a rally taking place among Euro-Zone currencies, as well as the price of Crude Oil, there appears to be plenty of investment opportunities more profitable than th ... Read t ... Read more

According to today's ADP Small Business Report , small businesses lost 262,000 jobs in February .   This marks the fourth consecutive month of decline in the small-size business sector.  February's number shows greater job losses than January demonstrating the recession ... Rea ... Read more