News
WSJ | Trading Issues Spurred Changes in Labor Dept. Jobs-Data Release
A Department of Labor official said planned changes in the release of the U.S. jobs report are aimed at addressing complications that have arisen as media companies have jockeyed to deliver the data to high-speed traders.
Washington Times | Fed survey finds U.S. growth, hiring mostly steady
A Federal Reserve survey found that the U.S. economy grew moderately in most regions of the country this spring and companies kept hiring. It was a hopeful sign after a spate of gloomy data released last week.
Washington Times | Exxon Mobil move to Texas to cost northern Virginia 2,100 jobs
One of Northern Virginia’s largest employers is leaving, as Irving, Texas-based Exxon Mobil Corp. announced Wednesday it is transferring all 2,100 employees at its northern Fairfax campus to Houston.
USA Today | Albertsons will lay off 2,500 in southern Calif. and Nevada
Albertsons will lay off as many as 2,500 employees at 247 Southern California and southern Nevada supermarkets beginning June 17, the supermarket chain announced Wednesday.
CNN Money | 22,000 applicants for 877 Hyundai jobs
When Hyundai announced in April it was planning to bring hundreds of new jobs to Montgomery, Ala., the news was met with excitement by local officials eager to boost the flagging economy.
Market Watch | Initial weekly U.S. jobless claims fall to 377,000
The number of initial applicants filing for unemployment benefits declined last week, the government reported Thursday, but jobless claims remained at a level consistent with mediocre hiring trends.
Econ Comments & Analysis
Real Clear Markets | Unions and Economic Mobility: Is There a Link?
Governor Scott Walker's victory in Wisconsin on Tuesday is bad news for public sector unions, the only growing sector of organized labor.
