The unemployment rate falls to 6.7%

The unemployment rate falls to 6.7%

Dec 04, 2020

497 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
    How to Cope with America’s Return-To-Office Plans

    If you’re looking forward to shifting from remote to in-office work, here are a few ways to cope wi ...

    This Thanksgiving - Give Thanks To All These People

    This Thanksgiving is going to be different, no doubt! But it need not be different in a negative se ...

    Why Work With Staffing Agencies To Hire Your Temporary Workers

    Recruitment is getting more challenging day by day. Layers of complexities have emerged with the pa ...

    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 ...

    Show more news