Jobless claims spiked to 1.6 million in early June

Jobless claims spiked to 1.6 million in early June

Jun 11, 2020

206 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
    Avoid These 5 (Obvious) Mistakes in Your Job Application

    Today’s market is a competitive one – especially after the COVID-19 pandemic. Unlike 2019, when the ...

    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 ...

    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 ...

    Top paying Careers in 2021

    The economy may be taking its time with recovery, but hiring and job hunting are at an all-time hig ...

    Show more news