Pace of US layoffs slows down
As the unemployment claims rose by 1.5 million in the second week of June, the pandemic continues to shatter the economy as the rate of layoffs and furloughs has been historically high. The data for the month of May is now under examination, as the numbers were not adjusted properly, and the data i ...
People receiving unemployment aid decreases below 20 million
A good sign of slow recovery for the uS economy and job market as the weekly unemployment claims totalled 1.48 million last week, which was worse than the 1.35 million expectation set by Wall Street. The continuing claims dropped by 767,000 to 19.52 million. California was the state with the highes ...
47 million people file claimed unemployment aid in 14 weeks
As far as unemployment goes, the records are being smashed as unemployment rates and jobless claims have been shooting through the roof, affecting the lives of millions of people. Take a look at the data which showcases the economic slump and its effect on employment in the nation. ...
Improvement in labor market grinds to a halt
The second wave of layoffs has made one thing abundantly clear - the nature of the markets have never been this unpredictable or uncertain, and all we can do is wait for things to get better. As the pace of layoffs seems to have slowed down, companies are having to do damage control and work with w ...
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