Latest news in Job Search | June 8, 2020

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Class of 2020 must tread carefully

Jun 08, 2020

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It's unfortunate that the fresh college grads will have to enter the most dismal job market in decades. According to the National Center for Education Statistics, almost 4 million people will make up the class of 2020, and they will graduate in the midst of unemployment and worn down businesses. T ...

Is the economy recovering from the COVID-19 bashing?

Jun 08, 2020

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As the summer of 2020 has been one of the most devastating in so many aspects, data indicates that the worst may be behind us as the month of May witnessed the largest increase of jobs, 2.5 million, indicating that the economy may be recovering. Data also revealed that nonfarm payrolls rose by 2.5 ...

Unemployment rate falls considerably

Jun 08, 2020

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Economists and experts still proceed with caution as we can't help but wonder - is the worst truly behind us? A glimmer of hope returns for job seekers as the US unemployment rate plummeted to 13.3 per cent! Sticks also soared as economists predicted this would happen. The US also added 2.5 million ...

Wage growth needs to increase with adding jobs

Jun 08, 2020

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While there has been a lot of chatter and buzz about our healthy and optimistic unemployment rate which has fallen to 13.3 per cent, we also need to address the issue of the wage growth, which has remained slow. While 222,000 new jobs is a decent margin, the unemployment rate is still growing and w ...

The race to recovery from COVID-19

Jun 08, 2020

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As we slowly exit the turmoil of lockdowns and layoffs which have gripped the entire nation over the past few months, different industries are expected to take different timelines to recover from the implications of COVID-19 on business. Take a look at the data which compares different sectors with ...