Why the latest unemployment rate is not inclusive

Why the latest unemployment rate is not inclusive

Jun 11, 2020

236 Views

0 comments

Last Friday was an eventful day in the job market as the Bureau of Labor Statistics released their weekly update on the US labor market. The report indicated that jobs had been added to the economy and that the unemployment rate had fallen to 13.3 per cent, which may seem like good news on the surface, but the reality is that the black unemployment rate rose slightly in May, whereas there was a decline of two percentage points for white workers. In light of the protests over racial discrimination in America, the new data shows that there is a lot more that has to be done before job markets rejoice and cheer. Read the full article here. 

Previous days news

Comments

    Others news
    Article
    Tips To Help You Create A Robust Hiring Strategy For 2021

    While employment is steadily rising in all sectors, the fear of COVID-19 still reigns supreme. As t ...

    Nursing Job Openings

    It’s no secret that the healthcare sector has been reigning in all its powers over the years, parti ...

    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 ...

    I-9 Compliance for Remote Employees - A Guide for Companies

    More than 50% of the US workforce is working remotely as of now. According to experts, about 25-30% ...

    Show more news