7 insightful charts to demonstrate the impact of COVID-19 on the US job market
March was one of the most historically devastating months for the US job market. As businesses closed down, millions lost their jobs. According to the Labor Department, the US economy lost 701,000 jobs in March and that was only the tip of the iceberg. Take a look at these 7 charts which illustrate ...
The long road to recovery for the job market
As the nation opens up, another wave of the virus has been sweeping through various states, indicating that there is a long road to recovery ahead. Economists have predicted more job gains since 3 million were added to the economy in June, after over 20 million were lost due to the virus. Read the ...
Why some of the jobs which were lost may never come back
The difficult and uncomfortable truth of the US job market is that some of the jobs may have been wiped out for good. This is due to the industries which have been impacted. The people returning to work were all temporarily laid off. Read about the details here. ...
Unemployment claims still on the rise
The level of layoffs may have eased, but the number of people filing for unemployment claims have shown no signs of stopping. This means that people are still unemployed in huge numbers. Read the whole article here. ...
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