Is the economy recovering from the COVID-19 bashing?

Is the economy recovering from the COVID-19 bashing?

Jun 08, 2020

54 Views

0 comments

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 million in May, and the unemployment rate slipped to 13.3 per cent. This gain may be attributed to those sectors which termed their layoffs as temporary. Leisure and hospitality have gained almost half of the lost jobs back.

Previous days news

Comments

    Others news
    Article
    All you need to know about the teaching profession

    Teaching jobs: transformative teacher roles you can undertake amidst the teacher shortage in the US ...

    Driver Jobs to Watch Out For

    If you love being on the road, if you love driving with the wind rushing through your hair, if your ...

    Tips to Write Job Descriptions That Will Attract the Best Candidates

    Just as the candidates need the right jobs to secure their future, the companies also need the righ ...

    How Startups Can Ensure Success While Working With Freelancers

    However, the scenario has changed drastically in the last ten years. According to a report by Forbe ...

    Show more news