Pace of US layoffs slows down

Pace of US layoffs slows down

Jun 29, 2020

501 Views

0 comments

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 is not as reliable due to the nature of the pandemic. Seasonally adjusting the data is not as easy as it may seem. The ray of hope is that data has revealed that the pace of layoffs has slowed down significantly which is a good sign. Read the whole report here

Previous days news

Comments

    Others news
    Article
    Is It Time For Recruiters To Think Like Marketers?

    About 46% of recruiters acknowledge this by seeing recruitment more as marketing than an expansion ...

    Return to Office: Tips to cope with Change

    The past two years have been a roller coaster ride, we’ve all acclimatized ourselves with the work ...

    Nursing Job Openings

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

    How to Cope with America’s Return-To-Office Plans

    If you’re looking forward to shifting from remote to in-office work, here are a few ways to cope wi ...

    Show more news