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Recent Articles

FedEx to Let Go of 3,600 Employees

FedEx says that 3,600 workers have accepted voluntary buyouts and 40% of those have already left the company. More 

Why Higher Rates Ain’t Here to Stay

Rates are rising on market fears that the Fed will reduce its stimulus program, but tightening will only happen when the economy is ready. Spoiler: It's not. More 

May Jobs Report: Winners & Losers

May's job report was hyped to be the most important in recent memory. And it didn't disappoint. Here's a look at the winners and losers for the month. More 

May Jobs Beat Forecasts, Unemployment Rate Ticks Up

The Labor Department said on Friday that the U.S. economy added 175,000 jobs in May, more than economists were expecting, though the unemployment rate edged up. More 

When Bad Economic News is Good News

With recent rumblings about the Fed tapering off QE, all eyes are on tomorrow's monthly labor report to see if unemployment falls above or below Bernanke's benchmark. More 

U.S. Jobs Data Disappoints

ADP's monthly private jobs report shows that employers added just 135,000 new workers in May, less than the 165,000 new jobs economists had forecast. More 

First-Time Jobless Claims Drop by 23,000

The government said on Thursday that initial jobless benefit claims last week fell by 23,000 to 340,000 with a four week rolling average edging down by 500. More