Among the many crises precipitated by the COVID-19 pandemic, the economic collapse and the resultant massive unemployment are uppermost among the public's minds. The unemployment rate soared to 14.7% in May 2020 from below 3% in December 2019. As jobs have been a much-discussed issue even before the pandemic struck, everyone is wondering what the unemployment rate does not tell you. .... Read more »
Despite Hurricanes Harvey and Irma, the latest unemployment rates have remained below the 5% mark that President Barack Obama achieved. The unemployment rates across the US have been dipping constantly with occasional minute spikes. In a recent report released by the U.S. Bureau of Labor Statistics (BLS), it showed a 0.2% drop in the unemployment rates for September.... Read more »
Walk into a dinner party with strangers and the conversation starts with what you do for a living, children from kindergarten to near adults in high school are constantly faced with the question of what their parents are and what they do; by and by our identities are inseparable from our field of work, position and employment status. Loo.... Read more »
Do you like planning for future? Have you planned your finances well? How easily can you make it through difficult times? We are living in a time where money is a necessity and a continuous in-flow of the same is required. In the case of any diversion from the routine path, there can be a tension that can induce stress and worry. Taking a streamlined appr.... Read more »
Being jobless is a phase of life that is not so welcoming since it primarily cuts off the monetary supply. It can also have a bearing on personal relationships and physical & mental well being. But then, it all boils down to our perception and reaction to this situation which would have occurred in almost everyone one’s life, at least once during the lifetime. Unemployment is usually unca.... Read more »
Unemployment is a temporary phase of life where a person does not have a job or lacks opportunities to earn from employment owing to multiple reasons such as layoffs. Unemployment is one of the yardsticks to measure the economic stability of a country. Governments and agencies across the World infuse the system with multiple programs and schemes to improve the unemployment situation in their geogr.... Read more »
Fast food employees in Chicago Slow & steady, from New York to several Midwestern cities, thousands of fast-food personnel have been holding one-day strikes during peak meal times, quickly drawing national attention to their demands for higher wages. Their chief demand is for a hike in hourly wage to $15 in times of surge in cost of living. Contemporary median hourly wage in the fast food.... Read more »
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