Layoffs still high as jobless claims rise

Layoffs still high as jobless claims rise

Jun 12, 2020

72 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
    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 ...

    Tips to Write Job Descriptions That Will Attract the Best Candidates

    Just as the candidates need the right jobs to secure their future, the companies also need the righ ...

    Nursing Job Openings

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

    Financial steps to consider before quitting your job

    Americans live paycheck to paycheck, making it difficult to leave their current employer. All thing ...

    Show more news