CBS NewsTwo AMR Union Groups Reject Contract RevisionsWall Street JournalBy SUSAN CAREY The Transport Workers Union, which represents 26000 ground workers at AMR Corp.'s American Airlines, said on Tuesday that bargaining units made up of mechanics …
(For April 2012) Nonfarm payrolls rose 115.000 in April; Consensus was at 160.000; March reading was an increase of 154.000 (revised up 34.000). Unemployment was reported…
There were two major housing data releases today. One of them is important. The other was a misleading misdirection play, that is leaving its creator…
Weekly initial jobless claims actually were down by approximately 16,000. That’s the actual not seasonally fudged number taking into account the fact that these are…
Actual, not seasonally adjusted, initial unemployment claims totaled 319,349 last week, according to the Department of Labor tabulation of weekly data submitted to it by…
While the media was touting a miss on consensus expectations, and Bloomberg posted an outright lie on Twitter, the actual unadjusted data did show a big improvement over the year ago performance.
Death panels notwithstanding, Grandpa gets to live a little longer.
The Medicare trust fund will probably be exhausted in 2024, five years earlier than previously estimated, according to an annual report from the trustees of the Social Security and…
Thoughts ahead of Q3 GDP
Friday’s Q3 GDP numbers, writes The Automatic Earth blog (TAE) and CMI’s DShort (Consumer Metrics Institute), are not all that important. The “real” data won’t be known until well after the November 3 mid-term elections,…
Banks and Federal offices are closed today. There were no Fed actions, no Treasury auctions and no 4 week bill announcement. The 13 and 26…
