BLS releases the impact of COVID-19 on employment for June 2020

Jul 06, 2020

396 Views

0 comments

The BLS released an announcement regarding the improvement in the labor market data. The announcement also covers the effects of the economic activity which contracted in March and April. Take a look at the report here. ...

Understanding the June jobs report

Jul 06, 2020

392 Views

0 comments

According to the BLS report for June, there was considerable improvement in many aspects of the economy, surveys of employers showing payrolls were up by 4.8 million, and there were job gains even in the hardest of industries like hospitality and tourism. Read about the implications and get a holis ...

The blaring error in the May jobs report

Jul 01, 2020

410 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 ...

The communities who are hit the hardest

Jun 25, 2020

470 Views

0 comments

As the economy reopens, many rejoiced as the Bureau of Labor Statistics announced that 2.5 million jobs were added in the month Of May, however, this is no win because the data also reveals the inequality of this growth. Hispanic women, immigrants, young adults, those with less education continue t ...

15 future-proof careers

Jun 23, 2020

477 Views

0 comments

According to data collected from various surveys, including the US Bureau of Labor Statistics, these are the 15 future-proof careers which will survive the pandemic and prosper. From Solar Energy Technicians to software developers and nurses, take a look at the projected earnings and details about ...

Latest data from the Bureau of Labor Statistics

Jun 22, 2020

420 Views

0 comments

The US Bureau of Labor Statistics released their weekly report on Sunday which claimed that unemployment rates were lower in May in 38 states and the District of Colombia, higher in 3 states and stable in 9 states. Read about the details here. ...

Bureau of Labor Statistics releases a summary of employer costs for employee compensation

Jun 22, 2020

435 Views

0 comments

According to the latest data released by BLS, the employer costs for employee compensation for civilian workers averaged $37.73 per hour worked in March 2020. The cost of wages and salaries on employers was $25.91 while benefit costs were $11.82. Total compensation costs for civilian workers were $ ...

Show more news
Article
You Think You Have Earned It? Here is How to Ask for a Promotion

Nearly 62% of employees in the managerial levels are satisfied with their jobs. Although they have ...

Top 5 Challenges of HR Professionals During COVID-19 Pandemic

When it comes to the talks of the unemployment rate due to COVID-19, experts compare it to the Grea ...

7 Signs That Tell You It’s Time to Quit Your Current Job

Last year, about 4,478,000 workers, which is approximately 3% of the workforce in the US (besides t ...

Gig Economy and Its Impact on Staffing Firms

With over 20.5 million US workers losing their jobs in April 2020 during the national lockdown, man ...

Show more news