Why the job market cheer is not what it seems

Why the job market cheer is not what it seems

The news of the latest unemployment rate for the month of May was released by the Beuro of Labor Statistics last Friday, and ever since, this news has been breaking the internet. People all over the nation rejoiced, and everyone was relieved about this unexpected upward trajectory. But, this may be a naive reason to rejoice, because workers in America tell a different story. The opening of the economy was supposed to be good news for job seekers, however, workers report fewer hours, less pay and a lot of anxiety. More work for less pay has become the new normal in the US for the millions of Americans who have returned to work. 

You might also like

For several reasons, the IT sector is appealing to job seekers. ...Read more

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Others news
Articles

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

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

If your organization is on a hiring spree too, one of the key things to consider is the recruitment ...Read more

More than 50% of the US workforce is working remotely as of now. According to experts, about 25-30% ...Read more