Why the job market cheer is not what it seems

Jun 10, 2020

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The news of the latest unemployment rate for the month of May was released by the Beuro of Labor Statistics last Friday, and ever since, this news has been breaking the internet. People all over the nation rejoiced, and everyone was relieved about this unexpected upward trajectory. But, this may be ...

6 figure starting salaries will be a thing of the past

Jun 10, 2020

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As the US economy slowly reopens and new jobs are added to the market, data indicates that the starting salaries for the class of 2020 will be very low due to the economic implications of the COVID-19 pandemic. However, there are exceptions in the field of tech according to Glassdoor data. Data has ...

Jobless claims cross the 40 million mark

Jun 10, 2020

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The COVID-19 pandemic has created havoc for US citizens, especially those who have been laid off due to the crisis. With unemployment benefit programs expiring soon, many Americans are worried about what the future holds if the pandemic relief is not renewed. American and Delta have offered buyouts ...

Bittersweet news for employees in IT

Jun 10, 2020

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Experts have predicted that the worst may be behind those who work in the IT sector. The COVID-19 triggered layoffs have halted according to reports. The implications of the pandemic on the IT industry were grave, with around 117,000 job losses in U.S. IT positions in April and early May 2020. Howe ...

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The current unemployment rate in the US stands at 6.7%, which is almost double the rate in February ...

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