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Why the pandemic may have changed the job market as we know it

Jun 17, 2020

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As countries across the globe slowly exit the months of lockdown, the question remains - for how long will the new normal be around? And what's here to stay? WIll work from home survive in a post-pandemic world? Will this mean global talent wars and globalization of talent? And what does this mean ...

Uncertainty looming the job market

Jun 17, 2020

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With layoffs slowing, but unemployment claims rising, it is hard to predict the job market for these testing times. With hiring gradually increasing, some experts are predicting a steady rebound for the US job market. Economists are proceeding with caution, warning about a second outbreak and how ...

The state of unemployment benefits and employed workers

Jun 17, 2020

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According to the latest data, the number of people filing for unemployment benefits is actually higher than the number of employed people, indicating that the share of people getting said benefits is at a historic, record high. This dynamic is puzzling economists, and some say that it may be the se ...

Leisure and hospitality take hard hits in Maine

Jun 17, 2020

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According to the Maine Department of Labor, the rate of unemployment reached its peak of 8.3 per cent in the Great Recession. In the financial crisis of 2008 and 2009, the number of unemployed people was around 60,000. But the COVID-19 pandemic has been one of the worst in terms of unemployment, wi ...

Will the job market continue to improve?

Jun 17, 2020

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Layoffs are finally slowing down, unemployment seems to be declining and hiring seems to be on a gradual rise. But with a recession knocking on doors, and with so much uncertainty with the second wave of infection, the fear of this improvement being temporary is very real. 1. million US workers fil ...