February saw a very slight change in the number of unemployed people as compared to the previous month. It currently stands at 5.8 million. Total nonfarm payroll in February rose by 273,000. This is a notable increase as compared to January. The unemployment rate stands at 3.5%, having dropped by 0.1% from January.
A lot of companies now days are incorporating pre-employment drug testing. A pre-employment drug is that before a potential candidate joins a company, a test is conducted on him/her to see whether the candidate is a drug user. If the candidate tests positive for drugs, there is a good chance he/she will be rejected by the company. Read more »
When it comes to the unemployment rate in America, it is based on the percentage of the total unemployed labor force throughout the country. This helps in reviewing the country’s economy through the years. With this, we understand that unemployment rises during recessions and falls on the rebound. You should know that unemployment declined during the 5 US wars and.... Read more »