Almost 50 per cent of the US population is unemployed

Jul 01, 2020

235 Views

0 comments

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

458 Views

0 comments

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

415 Views

0 comments

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

484 Views

0 comments

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 ...

Show more news
Article
Let's Talk about the Hustle Economy

With the COVID-19 outbreak, it has increased manifold, owing to the rise in remote working. It’s be ...

The Future of Gig Employment

There’s no denying that the gig economy has seen much growth since the last recession. With the spr ...

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 ...

Avoid These 5 (Obvious) Mistakes in Your Job Application

Today’s market is a competitive one – especially after the COVID-19 pandemic. Unlike 2019, when the ...

Show more news