Archives for March 2015

100,000 Layoffs and Counting: Is this the New Normal?

With oil prices still in the doldrums, the oil jobs nightmare is spreading like a cancer, the number of energy jobs cut globally has climbed well above 100,000 everywhere from Canada to Australia. Examples include foreign-trained engineers whose promise of employment at LNG plants in Australia have evaporated as projects get delayed; development projects halted in Brazil resulting in the closure of international schools and the relocation of workers.

BLS Releases February Unemployment Numbers

The U.S. Bureau of Labor Statistics (BLS) released the February Unemployment figures on Friday March 6th. According to the BLS the Current Unemployment Rate (Seasonally adjusted) for February was 5.5% down from 5.7% in January. Along the same lines we see the Unadjusted Unemployment rates fall from 6.1% to 5.8%.  However, according to Gallup the Unadjusted Unemployment rate was […]