WFH can outlast COVID
Remote work is not a new concept and people are well aware and have been doing that for a long time. However, with the virus gripping the world in its clutches, way more companies had to adopt WFH. Even companies who weren't equipped to handle it at this point had to go remote to keep going. Howeve ...
Covid-19 shopping habits are changing job availability
A little over a year ago, the world witnessed the first few instances of COVID cases, with little idea of what and how things would end up being for everyone. Hundreds of thousands of people have died, millions infected and lost jobs, and businesses of all sizes had to face the wrath. There's no de ...
It could take 4 years to recover the 22 million jobs lost
While the overall market trend has been heading in the right direction, there is a cause of concern. According to Moody, the resurge in the cases could push 1.3 million people into unemployment. This could make things worse and could take 4 years to recover these job losses. To read more on this, c ...
Refresco to add 95 jobs at Joplin plant
The job market hasn't picked up the way one would have wanted it to be, but things are slowly getting there. Everyone is trying to their best to recover from the wrath the virus has unleashed upon us. In a bit to move a step forward, a Joplin manufacturer announced plans this week to add 95 jobs as ...
White-collar job cuts are mounting
The initial impact of the pandemic was seen primarily on low-income jobs in hotels, restaurants, retail, and other hard-hit corners of the economy. This has been witnessed in higher-paying office jobs too. In the last few weeks, thousands of job cuts have been announced across multiple companies in ...
Small businesses continue to recover.
With hard work, dedication, and passion, a lot can be achieved and small businesses are the best example of that. The economic condition across the country isn't as one would want it to be, but there's been a steady recovery for small businesses. They are reaping the rewards of consistent hard work ...
Another 1.4M workers file for unemployment aid
As states in the US pull back on reopening due to the resurgence of the coronavirus cases, another round of layoffs has hit the US economy states have to take serious measures to curb the spread of the virus and have reversed reopenings for the safety of their employees and patrons. Read the whole ...
A rise in unemployment claims
After the number of Americans filing for unemployment benefits unexpectedly rose for the first time in nearly four months, any little progress made by the labor market seems to be contracting as the COVID-19 virus continues to spread rapidly, leading to depressed demand. Read about the details here ...
7 charts illustrating the effect of COVID-19 on the job market
In March, the US economy cut 701,000 jobs, when it was expecting a loss of 100,000. What's more, is that over 14 million employees in the US face the risk of COVID-19 exposure every day at work. This has gravely affected a lot of things, such as the labor participation rate and the unemployment rat ...
The importance of the $600 weekly unemployment benefit
According to Billionaire Tilman Fertitta, if the $600 per week federal unemployment supplement would end, it would hurt the US economy's recovery even more. He also went on to add that he firmly does not believe that the $600 weekly benefit would be a hindrance of any sort to rehire workers. Read t ...
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