Unanticipated fall in US unemployment rallies markets

Unanticipated fall in US unemployment rallies markets

Jun 09, 2020

170 Views

0 comments

While our unemployment rates are still dismally low, indicating that we must proceed with caution, there is a bit of good news because around 2.5 million jobs were added to the US job market in the month of May. The unemployment rate swiftly fell to 13.3 per cent, which has led to a surge in stocks as the job market defied all odds and predictions. There has been a wave of rehiring in the restaurant industry which helped to lift payrolls. Read the whole report for details. 

Previous days news

Comments

    Others news
    Article
    With Manufacturing Jobs Returning to America, What Does It Mean for Manufacturing Job Seekers?

    Reshoring is on its way for the US, due to the ongoing COVID-19 crisis, especially for the tech man ...

    How to Avoid Burnout in 2022

    Whatever your work setting may be, it’s important to stay productive while you don’t burn out. Here ...

    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 Help You Create A Robust Hiring Strategy For 2021

    While employment is steadily rising in all sectors, the fear of COVID-19 still reigns supreme. As t ...

    Show more news