As wages and benefits shrink, state workers are retiring in droves. On top of all the layoffs, these retirements amount to a huge brain drain, and the problem will only get worse given the yawning budget gaps of states from coa…
As wages and benefits shrink, state workers are retiring in droves. On top of all the layoffs, these retirements amount to a huge brain drain of government employees, and the problem is likely to get worse given the yawning bud…
Consumer confidence unexpectedly fell to 52.5 in December from a revised 54.3 in November, as a sluggish U.S. job market prevented consumers from changing their cautious stance toward the economic recovery.
A Bloomberg survey had expected the index to…
Consumer sentiment inched higher again in December to its highest level in six months. The index’s slow rise is consistent with a gradually-improving U.S. economy. Further, provided the economy generates a lot of jobs next year…
The slowly improving tone to the U.S. job market continued with last week’s numbers for new unemployment claims. The less volatile four-week moving average also dropped again, to 422,750. That’s its lowest level since August 20…