Employment in May
According to the BLS, employment rose to the tune of 2.5 million in the month of May, but it is still down by 19.6 million since February. This indicates that the economy is recovering, but still has a long way to go. The total nonfarm payroll employment increased by 2.5 million due to the reopeni ...
Job hunting for the class of 2020
According to the Bureau of Labor Statistics, the national unemployment is even worse for the youth who are receiving their college diplomas this year. Data reveals that over a quarter of people aged between 20-24 are unemployed. While some struggle to make ends meet, others are lowering their expec ...
Data indicates that layoffs eased in April
Although the layoffs may have halted in the month of April, hiring is still at a historically low level as businesses struggle to survive the pandemic. The monthly Job Openings and Labor Turnover Survey indicated layoffs were at it's second-highest level since the government began tracking the sect ...
The revamping of Silicon Valley
with thousands of layoffs from the once tech giants of Silicon Valley, thousands are looking elsewhere for tech opportunities. From WFH orders resulting in workers leaving the valley in pursuit of cheaper housing options, the once-booming area might change as we know it in a post-pandemic world. Ge ...
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