What you need to know about unemployment

What you need to know about unemployment

May 22, 2020

223 Views

0 comments

Economies across the globe struggle to survive and the US witnesses the most dismal decline in the gross domestic product in ten years. Retail sales have plummeted according to the retail sales report on record, and unemployment claims are off the charts. The unemployment rate has been at its worst since the Great Depression. However, there are a few things that one must know about unemployment in 2020, such as how many layoffs are permanent and how many workers will be reinstated in a matter of time. One must also evaluate the industry and consider the damage and recovery time accordingly. Here is everything you need to know about the economy and jobs amidst the COVID-19 pandemic. 
Read more: nytimes.com/2020/05/06/business/economy/coronavirus-unemployment-jobs-report.html

Previous days news

Comments

    Others news
    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 ...

    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 ...

    With Remote Working Being the New Norm, How to Hire the Best remote Workers

    Before the advent of the COVID-19 pandemic, about 7 million people in the US alone were working rem ...

    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 ...

    Show more news