The Employment Situation – July 2019
The employment situation for the month of July has seen little changes from the previous month. The unemployment rate remains at 3.7 percent in July, indicating that the rate remains unchanged. The job growth, however, has not increased in comparison to the previous month. The important news to emerge from the ‘Employment Situation Report- July… Read More »
Why Is It Best to File and Maintain UI Benefits Online?
The unemployment rate stands at 3.7% as of June 2019. As you may know, unemployment benefits (UI) will help make up for lost wages when you are between jobs. When you are submitting unemployment claims, you should opt to file for UI benefits online as it is faster and more convenient. There are many benefits… Read More »
The Employment Situation – June 2019
The employment situation in June has shown promise in creating opportunities and increasing wage growth. The performance by the US economy has exceeded the expectations as it added nearly 224,000 jobs, thus providing more opportunities against the market expectations of 162,000 jobs. The employment situation in June, therefore, has created more optimism among the policy-makers and… Read More »
The Employment Situation – May 2019
The employment situation for the month of May has steadfastly maintained the growth achieved in the month of April. The unemployment rate has remained at 3.6 percent, which still remains to be the lowest rate in the last 50 years. The month of May will be the record 15th month to witness the rate of… Read More »
Why Reducing Unemployment Rate Is Not Enough
The rate of unemployment in the United States reached a record low by the end of April, which is said to have the lowest rate of unemployment in the last 50 years. The unemployment rate dropped to 3.6%, and the month of April will be the 14th consecutive month to record an unemployment rate below… Read More »
The Employment Situation – April 2019
As per the April employment situation report, the unemployment rate is the lowest in 50 years at 3.6 percent while nonfarm payroll employment increased by 263,000. The April employment situation report further stated that major job gains were in professional and business services, construction, health care, and social assistance. Household Survey Data This is the… Read More »
The Employment Situation – March 2019
In March, the total non-farm payroll increased by 196,000 while the unemployment rate remained unchanged at 3.8 percent. The major gainers were in the field of health care and people employed in technical and professional services. Household Survey Data While the unemployment rate remains unchanged at 3.8 percent, the number of people unemployed was 6.2… Read More »
The Employment Situation – February 2019
The total nonfarm payroll employment in February changed a little by 20,000 as compared to January. The unemployment rate has decreased to 3.8 percent. The main reason for improvement in unemployment rate is based on professional and business services, wholesale trade, health care that saw a trend up while construction employment decreased. Household Survey Data… Read More »
What is a 1099 Form and How to File it?
The 1099 form is used to record income that you have received as an independent contractor or through other sources of income. This would mean that if you are a freelancer then you will receive 1099 forms from your clients. The IRS requires businesses to issue this form if contractors are paid at least $600… Read More »
The Employment Situation – January 2019
In January, the total nonfarm payroll employment increased by 304,000 as compared to December which had an increase of 312,000 jobs. The unemployment rate has increased from 3.7 percent to 4 percent and this could be attributed to the Shutdown which lasted for 35 days from December 22, 2018, until January 25, 2019. Household Survey… Read More »
How to File a Claim? (Infographics)
Here’s 5 quick steps to file your unemployment claim. Hope this Infographic helps you determine your UI Benefits and makes the process easier to file your claim.
The Employment Situation – December 2018
Total employment in the nonfarming sector has seen a considerable rise in the month of December. The nonfarm sector witnessed an addition of 312,000 jobs, which in comparison to November (added 155,000 jobs), is substantial growth. The rate of unemployment, however, increased in December from 3.7% in November to 3.9%, in spite of the job… Read More »
What to Expect From the US Government Shutdown?
The US government has been in partial shutdown since December 22, 2018, as President Trump continues to demand more than $5 billion for the border wall between US and Mexico. At this time, since the Democrats control the House, they continue to suggest that they won’t agree to any new money for the wall. Though… Read More »
The Employment Situation – November 2018
Total employment in the non-farm category increased by 155,000 for the month of November. The rate of employment has remained unchanged at 3.7%, as per the reports of the U.S. Bureau of Labor Statistics. The report also states that sectors such as healthcare, manufacturing, transportation, and warehousing have recorded job gains. Household Survey Data The… Read More »
Ways to Attract Talent in a Tight Market
The American unemployment rate dropped to 3.7% in October. This is the lowest level since 1969 and this translates to the lowest unemployment in half a century. Though this is great for job-seekers, it’s tough in a tight labor market for employers. This would mean that they would have to improve perks, policies, and pay… Read More »