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