Layoffs still high as jobless claims rise

Layoffs still high as jobless claims rise

Jun 12, 2020

203 Views

0 comments

While last month's unexpected dip in the unemployment rate had some of us relieved, the job market is still clearly recovering. The rate of layoffs and jobless claims rising to 1.5M are proof.  1.54 million Americans applied for unemployment claims in early June alone, and 700,000 sought compensation via an emergency federal program. This indicates that the unemployment rate of May is not as rosy as we thought. Read the full report 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 ...

    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% ...

    With Remote Working Being the New Norm, How to Hire the Best remote Workers

    Before the advent of the COVID-19 pandemic, about 7 million people in the US alone were working rem ...

    How to Cope with America’s Return-To-Office Plans

    If you’re looking forward to shifting from remote to in-office work, here are a few ways to cope wi ...

    Show more news