Layoffs still high as jobless claims rise

Layoffs still high as jobless claims rise

Jun 12, 2020

208 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
    Millennials Care About These 8 Things at Their Workplace - Are Your Offering Those?

    Millennials are considered to be social people, who live by the ‘work hard play hard’ mantra and ar ...

    All you need to know about the teaching profession

    Teaching jobs: transformative teacher roles you can undertake amidst the teacher shortage in the US ...

    A Quick Look at The Great Resignation

    The Great Resignation, as experts call it, is a rather fitting term for a phenomenon where millions ...

    Here Is How to Answer These 5 Tricky HR Questions

    During an interview, you’re not only asked questions according to your credibility and qualificatio ...

    Show more news