California worst state to be unemployed
As of 2022 California has the most competitive job market in the country. The unemployment rate in California is 6.4% while the national average is 6.9%. ...
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 ...
15 concerning charts about the job market
The US job market has been severely impacted because of the ongoing global pandemic. Hundreds of thousands of people have lost their lives, millions have been infected and millions have lost their jobs as businesses across different industries and sectors have seen a drastic downfall. How does the ...
Vaccines could spur job growth
The initial rounds of the vaccine have been given and there is a positive sentiment because of the same. The job market that has been severely impacted because of the pandemic might see a growth. The economy might also see some recovery because of the same. Economists surveyed by Wolters Kluwer Blu ...
Which jobs have grown their workforce during the pandemic?
The US added way more jobs in November as compared to what economists were anticipating. The overall job market is also way off track compared to pre-pandemic levels. While a majority of sectors have been severely impacted by the lockdown and restrictions. Some sectors have managed to thrive even i ...
U.S. job openings increased in October
There was a hike in the number of openings in October but there was a rise in the layoffs too according to the month-old Job Openings and Labor Turnover Survey, or JOLTS report from the Labor Department on Wednesday. However, with the spike in case, the openings might not be as one would have antic ...
Covid-19 Economy Claimed 128,000 IT Jobs in November
The virus has been causing havoc across the nation since March. Things had started to get back to where they were in a slow but gradual manner and America saw a rise in jobs. However, with the rise in cases, things have started to become unpleasant again. U.S. employers last month cut 128,000 core ...
US economic restart, recovery will continue into 2021
The economic outlook and employment rate has been severely affected by the virus-induced lockdown and restrictions. With the resurge in the cases, things don't seem to go back to how one would have anticipated any time soon. The Kelley School of Business forecasted in November the U.S. economy rest ...
Job-Posting Data Improves
The job market has not close to what it was pre-covid, but things have started to gain momentum once again. As per reports, there has been a slow, but positive sign in terms of job postings. However, to reach the pre-covid numbers, hiring will have to accelerate at a great speed. To know more abou ...
Nova Steel USA to create 110 jobs
Nova Steel USA Inc. plans to locate a tube manufacturing facility in Bowling Green, a $70 million investment that is expected to create 110 full-time jobs in the coming years. “Our state’s primary metals industry continues to thrive despite the challenging economic climate. This significant investm ...
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