Unemployment claims reach highest level in three months
Unemployment claims reach highest level in three months
- Jan 21, 2022
- 400 views
- 0 comments
-
Share
Economists attribute this jump in claims to the rise in coronavirus cases. Nancy Vanden Houten, lead economist with Oxford Economists said, "The rise in claims reflects both an increase in layoffs due to the surge in Covid cases as well as an added boost from large seasonal adjustment factors." The latest surge of the virus has weighed on the strong comeback from the coronavirus recession of 2020. Jobless claims are a proxy for layoffs and had fallen steadily for a year. In late 2021, these numbers had fallen below the pre-pandemic average of around 220,000 a week.
According to the Census Bureau, nearly 9 million workers said they weren't working in the first week of January because they tested positive for covid 19 or because they were caring for someone who had the virus. Overall, the job market remains tight as illnesses keep workers out of their jobs.
Source: CBS News
- 400 views
- 0 comments
You might also like
Best tech jobs in the United States : BLS data
- Sep 06, 2022
- 861 views
- 0 comments
For several reasons, the IT sector is appealing to job seekers. ...Read more
Salaries for Californian fast food employees might rise to $22 per hour
- Sep 06, 2022
- 718 views
- 0 comments
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
Workers leave as job dissatisfaction grows
- Aug 17, 2022
- 905 views
- 0 comments
Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more
Microsoft offers graduates from African nations job prospects in the US & Canada
- Aug 17, 2022
- 696 views
- 0 comments
New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more
Casper is hiring professional sleepers
- Aug 10, 2022
- 981 views
- 0 comments
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
Category
-
Benefits
-
Job Applications &
-
Religion & Spirituality
-
Workers' Compensation
-
Organization & Employee Development
-
Employee Handbooks
-
Benefits Compliance
-
Contemporary Issues
-
Mental Health Benefits
-
Paid Leave
-
Gender Identity
-
Teamwork
-
Raise
-
Age
-
Parental Leave
-
Electronic Records Management
-
Wellness Benefits
-
Mental Wellness
-
Campus Placement
-
Affirmative Action
-
Workplace Harassment
-
HR Careers
-
Overtime Eligibility &
-
Workplace Culture
-
Employment Testing
-
Workplace Wellness
-
Risk Management
-
Downsizing
-
Leadership Development
-
Educational Assistance
-
Background Checks
-
Workplance Violence
-
People Management
-
Ethnicity
-
Benefits Reporting & Disclosure
-
Employment Branding
-
Policies & Practices
-
Hiring
-
Talent Acquisition
-
Remote & Hybrid Work
-
Mentoring & Coaching
-
Discrimination
-
Intellectual Property
-
Inclusion, Equity &
-
Technology
-
Drug & Alcohol Testing
-
Payroll
-
Leave Management
-
Work Visas
-
Closing
Articles
This Thanksgiving is going to be different, no doubt! But it need not be different in a negative se ...Read more
The current unemployment rate in the US stands at 6.7%, which is almost double the rate in February ...Read more
Americans live paycheck to paycheck, making it difficult to leave their current employer. All thing ...Read more
First of all, know that you’re not alone in this. About 20.6 million Americans have lost their jobs ...Read more