January US job growth slower again
January US job growth of 113,000 was slower than the 180,000 expected by economists. This is the second month in a row that job...
US consumer confidence increased for second successive month
US consumer confidence, i.e. the Conference Board Consumer Confidence Index, now stands at 80.7, compared to 77.5 in December 2013, the second consecutive monthly...
Wal-Mart to lay off 2,300 Sam’s Club workers
Wal-Mart says it is laying off 2,300 Sam’s Club workers, the club chain’s largest job-cut since 2010. Nearly half of the layoffs will involve...
Seize reshoring opportunities, David Cameron tells Europeans
Making a success of globalization is a key challenge for business leaders and politicians in Europe.
UK Prime Minister David Cameron said at the World...
Europe must do more for economic recovery, big business urges
Although break-up speculation has lessened, stock prices have risen and credit spreads have narrowed, Europe must do more to encourage the economic recovery, say...
39% of US unemployed are long term jobless
In the wake of the 2008 financial crisis, 39% of US unemployed people have been out of work for at least six months, more...
UK unemployment falls to 7.1%
The UK unemployment rate dropped to 7.1% for the September to November 2013 period, a 0.5 percentage point drop compared to the June to...
Global unemployment nearly 202 million in 2013
Global unemployment rose by five million in 2013 to nearly 202 million, according to the International Labor Organization (ILO), part of the United Nations.
The...
Are narcissists good leaders?
Do narcissists make more effective leaders, or do they generally have poorer organizational outcomes?
Narcissist bosses are common. Ask most employees whether they have...
US unemployment drops to 6.7 percent
According to data from the US Labor Department, 74,000 new jobs were created in December and US unemployment is at 6.7 percent.
Despite the gain in...