Almost 50 per cent of the US population is unemployed

Jul 01, 2020

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Considering the US population, the numbers have been very dismal, indicating that we have a very long road to recovery which will take years. As the lockdowns had a grave effect on the labor market, the share of employed people soared to a record high of 61.2 per cent early this year. To get things ...

Can a strong job market reduce racial inequality?

Jul 01, 2020

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According to US Fed CHair Jerome Powell, if the US labor market can go to back to its pre-COVID state, it could help in reducing racial inequality. Although he dodged questions about whether or not the Feds add to the issue, Powell talks about how racial disparities are a routine part of work now. ...

The blaring error in the May jobs report

Jul 01, 2020

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The nation received the news released by the Bureau of Labor Statistics with great joy as 2.5 million jobs were added to the economy in May, a figure which even the most optimistic economists hadn't predicted. Despite all the red flags, we were eager to accept this news, however, there has been a h ...

3.1 million jobs added in June

Jul 01, 2020

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Despite thousands of Americans still getting layoffs and furloughs, the labor market has truly been a paradox as the Labor Department released that a record 3.1 million jobs were added in June bringing the unemployment rate down to 12.3 per cent from 13.3 per cent. Economists predict that the road ...

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Financial steps to consider before quitting your job

Americans live paycheck to paycheck, making it difficult to leave their current employer. All thing ...

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 ...

A Quick Look at The Great Resignation

The Great Resignation, as experts call it, is a rather fitting term for a phenomenon where millions ...

Are 4 day work weeks the future?

Robert Owen, a Welsh textile mill owner, social reformer, and labor activist came up with a slogan ...

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