Labor market improves as jobless claims reduce
Last week 340,000 people filled for unemployment benefits for the first time which is the lowest that the state has witnessed since the onset of the pandemic. This leads us o believe that the job market is on a steady incline as workspaces begin to slowly re-open. This news comes ahead of the much- ...
374,000 jobs added in August, below expected number
374,000 jobs were added in August as compared to 330,000 in July. Although the numbers look high, the predicted number of jobs was 638,000 while the number of jobs actually added was 374,000. The service sector is responsible for a large number of jobs added. Data recovered from research conducted ...
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