Why the job market cheer is not what it seems
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 a naive reason to rejoice, because workers in America tell a different story. The opening of the economy was supposed to be good news for job seekers, however, workers report fewer hours, less pay and a lot of anxiety. More work for less pay has become the new normal in the US for the millions of Americans who have returned to work.
Category
Career Development
Termination
Analytical Aptitude
Employee Data Privacy
Whistleblowing
Teamwork
Business Acumen
Employment Branding
Investigations
Unemployment Benefits
Risk Management
Retirement Benefits
Leave Management
Closing
Employee Resource Groups
Dependent Benefits
Workplace Culture
Health Care Benefits
Disaster Preparation & Response
Artificial Intelligence
Leadership &
Global Mindset
HR Software
Parental Leave
Organizational Structure
Paid Leave
Organization & Employee Development
Campus Placement
Bonuses & Incentives
Workplace Harassment
Mental Health Benefits
Records & Reports
Benefits
Opening
Electronic Records Management
Workplace Wellness
Communication
Compensation & Benefits
Discrimination
Executive Compensation
Recruiting
Salary Surveys
Workplance Violence
Disability Accomodations
Age
Sexualy Harassment
Employment Law & Compliance
Relationship Management
Overtime Pay
Cybersecurity
Tags
Article
Top 5 Challenges of HR Professionals During COVID-19 Pandemic
When it comes to the talks of the unemployment rate due to COVID-19, experts compare it to the Grea ...
How Startups Can Ensure Success While Working With Freelancers
However, the scenario has changed drastically in the last ten years. According to a report by Forbe ...
Millennials Care About These 8 Things at Their Workplace - Are Your Offering Those?
Millennials are considered to be social people, who live by the ‘work hard play hard’ mantra and ar ...
Did You Lose Your Job During COVID-19? Here’s What to Do
First of all, know that you’re not alone in this. About 20.6 million Americans have lost their jobs ...
Comments