Amid some promising signs — which are turning the heads of even some bears — structural unemployment continues to be painful as the ranks of the long-term jobless keep swelling. This is a distinction that should be far more c…
ADP excludes government jobs. It’s also notoriously volatile and has a history of big misses in forecasting the official Labor Department payroll report. But perhaps most important is that it just doesn’t jibe with other recent…
ADP’s latest report showed a total that was nearly triple what economists were expecting. It’s only one month’s data, and it’s too soon to call it a hiring boom. However, the report offers more hope and some evidence that the n…
The U.S. economy has strengthened, but not enough for the government to pare down its bond-buying program, according to the latest Fed minutes. In late 2010, investments rose and the job market improved — but the housing marke…
The new year’s first week will be busy. Due out on Friday is December’s umemployment rate, and the consensus is for it to drop to 9.7%. However, few expect real improvement until well into 2011. Also on tap: weekly and monthly …