Why the labor market may take time to pick up
Until the COVID-19 pandemic broke out, the US labor market was the best it's ever been in 50 years. However, the pandemic has hit the labor market badly, and experts predict that bouncing back will take an uncertain amount of time. 17 million people have filed for initial unemployment benefits in m ...
Increase in real average hourly earnings
According to the Bureau of Labor Statistics, the real average hourly earnings for employees across sectors witnessed a 5.6% increase from March to April. This increase is accounted for by a decrease in Consumer Price Index of urban consumers. Read the whole report here: https://www.bls.gov/news.rel ...
5 promising US cities and 4 former cities that have dropped the ball
Austin was buzzing as a tech and entrepreneurial hub. It's pleasant weather, young population make it an attractive zone for workers. Nashville and Denver also attracted a lot of workers and offers promising jobs. Seattle has been offering employment from tech giants such as Amazon, Microsoft and E ...
Will the supply chain survive COVID-19?
As you read this, there's around half a dozen COVID-19 vaccine candidates in clinical trials, and competitive timelines and manufacturing plans which could lead to an array of options by next year. There are many steps being taken to speed up the process, such as going ahead with manufacturing prep ...
Restoring faith in Travel amidst COVID-19
Travel and tourism have taken the biggest hit due to the COVID-19 pandemic, and it's understandably going to take a lot to restore the faith of consumers to regain the confidence to travel. According to a survey by PWC, CDC (Center for Disease Control) is the most trusted source of information for ...
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