Topic: U.S. Bureau of Labor Statistics
Weaker than expected employment numbers, but there's some good news
AlphaNinja
The headline from the Bureau of Labor Statistics is that payrolls shrunk by 20,000 versus an expected increase of 15,000. The market looks to open up a bit though, as futures suggest a higher open.Again, I find fault with an unemployment rate falling even as actual ...
BLS confirms its uselessness, will subtract over 800,000 jobs from the workforce
AlphaNinja
Friday's BLS report on employment will make a big adjustment to their "birth/death" model, that will strip fake numbers out of the workforce. It's backward-looking, to affect April 2008 through March 2009. Rather than this being an example of a worsening employment picture, it ...
Volunteerism up among Americans in 2009
AP News
About 1.6 million more Americans volunteered their time in 2009A million and a half more Americans volunteered to help with such activities as raising money, collecting food and tutoring children during the span of a year ending in September 2009, a period marked by job losses and a lousy ...
Private sector union membership shrinks
AP News
Most union members now work for government as private sector unions plunge to record lowThe number of union workers employed by the government for the first time outnumbered union ranks in the private sector last year, the result of massive layoffs that plunged the rate of private sector union membership ...
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