Lack of skilled workers: underfunded community colleges to be blamed
Skilled workers in US: public-school enrollments saw a 14.8% drop from the fall of 2019 through the fall of 2021, making things worse for the already underfunded schools. ...
Fewer jobless claims filed last week
Jobs data: 238,000 people filed for jobless claims last week, which is down 23,000 from the week before that. ...
4.5 million workers quit jobs in November : BLS
Quits rate: BLS data shows that 4.5 million Americans quit their jobs in November. Sectors most affected are hospitality, healthcare, transportation, warehousing and utilities. ...
Pandemic reshapes US employment
Employment in the US has been severely affected because of the lockdown, restrictions, and uncertainty around the situation at hand, but what's interesting to know is that the pandemic has reshaped employment. Out of the 22 million jobs that were lost, 12 have recouped but the things that were rele ...
Half of U.S. states will raise their minimum wage in 2021
Half of the US states will raise their minimum wage in 2021. The $15 wage has gained momentum in 2020, even more with the electoral victory of President-elect Joe Biden. However, there have been mixed reactions on the same. “I’m not sure if the pandemic itself affects the likelihood of a minimum wa ...
Construction jobs have bounced back
A New York City based construction services group of Marcum LLP has released Marcum Commercial Construction Index for the third quarter of 2020. According to the index, the construction industry continued to recover jobs it had lost as the pandemic gripped the United States since March. “The first ...
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 ...
638,000 jobs added last month.
With the COVID numbers rising once again, things might not look that great for the future, but there's a tiny bit of hope. According to the monthly jobs report from the Bureau of Labor Statistics that was released on Friday, 638000 jobs were added but remains down about 10 million jobs since Februa ...
Employers look to fill positions.
With things gradually starting to pick up after a rough year, employers have started their hiring process. 63% of people who have lost their jobs during the outbreak have changed their industry, and 4 % have changed their field or career path, as per a Harris Poll Survey for USA Today. To dig deepe ...
47 million people file claimed unemployment aid in 14 weeks
As far as unemployment goes, the records are being smashed as unemployment rates and jobless claims have been shooting through the roof, affecting the lives of millions of people. Take a look at the data which showcases the economic slump and its effect on employment in the nation. ...
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