The unemployment rate falls to 6.7%

The unemployment rate falls to 6.7%

Dec 04, 2020

300 Views

0 comments


The surge in cases is probably the reason why America saw only the addition of 245,000 jobs in November. Lowest in the last 6  months. The United States is in the midst of a fresh wave of COVID-19 infections. Nearly 200,000 new cases were reported on Wednesday and hospitalizations approached a record 100,000 patients, according to a Reuters tally of official data. The unemployment rate fell to 6.7% from 6.9% in October. It, however, has been biased down by people misclassifying themselves as being “employed but absent from work,” keeping the focus on long-term unemployment and people working part-time for economic reasons. To read more on this, click here

Previous days news

Comments

    Article
    Return to Office: Tips to cope with Change

    The past two years have been a roller coaster ride, we’ve all acclimatized ourselves with the work ...

    The Interviewer's Guide to Conducting Phone Interviews

    The job market in the US is slowly gaining traction after the long period of gloom that took the un ...

    Don’t Fall Prey to These Job Scams

    When people are looking frantically for employment, scammers get a chance to exploit their weakness ...

    7 Signs That Tell You It’s Time to Quit Your Current Job

    Last year, about 4,478,000 workers, which is approximately 3% of the workforce in the US (besides t ...

    Show more news