The unemployment rate falls to 6.7%
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.
Category
Succession Planning
Emergency Response
Employee Relations
Campus Placement
Records & Reports
Global Mindset
Benefits Reporting & Disclosure
Sexual Orientation
Executive Compensation
Paid Leave
Communication
Educational Assistance
Electronic Records Management
Mental Wellness
Talent Acquisition
Disability Accomodations
Benefits Compliance
Employment Contracts
Workplace Harassment
Workplace Wellness
Payroll
Retaliation
Firing
Vendors & Software
Employment Offers
Religion & Spirituality
Promotion
Retirement Benefits
HR Careers
Remote & Hybrid Work
Workplace Security
Environmental Health Hazards
Disability Benefits
Opening
Raise
Mentoring & Coaching
Investigations
Networking
Severance Pay
Employment Branding
Job Applications &
Work Life Integration
Learning & Development
Overtime Pay
Inclusion, Equity & Diversity
Leadership &
Work Visas
Open Enrollment
Employment Testing
Business Continuity
Tags
Article
These Companies Are On Holiday Hiring Spree-Are You Ready?
The current unemployment rate in the US stands at 6.7%, which is almost double the rate in February ...
Tips for Staffing Agencies to Create a Competitive Advantage
Today, it is a $174 Billion industry and one of the leading B2B businesses in the US. Whenever HR p ...
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 ...
Avoid These 5 (Obvious) Mistakes in Your Job Application
Today’s market is a competitive one – especially after the COVID-19 pandemic. Unlike 2019, when the ...
Comments