Jobless claims spiked to 1.6 million in early June

Jobless claims spiked to 1.6 million in early June

Jun 11, 2020

235 Views

0 comments

While the implications of COVID-19 have been devastating for the job market, there was some improvement in the month of May, with more jobs being added to the economy. However, there are still millions of Americans without jobs, which means that it's too soon to expect to recover. what's more is that a lot of the new jobs added in May were part-time, seasonal, and workers were expected to work more for less as the wage growth has been dismal. The latest data indicates that 16 million people have applied for jobless claims in early June alone, so what does that mean for the US job market? Read the whole article here

Previous days news

Comments

    Others news
    Article
    The Interviewer's Guide to Conducting Phone Interviews

    The job market in the US is slowly gaining traction after the long period of gloom that took the un ...

    What Are the Costs to Consider While Planning A Recruitment Budget?

    If your organization is on a hiring spree too, one of the key things to consider is the recruitment ...

    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 ...

    COVID-19 - 6 Challenges Staffing Firms Are Likely to Face

    Most industries have severely suffered in the ongoing pandemic with a few exceptions, like healthca ...

    Show more news