Articles Related to : recession

The Employment Situation – March 2020

Due to the devastating effects of COVID-19, the nonfarm payroll fell by 701,000 in March and, the unemployment rate spiked up to 4.4%. It is the first decline in payroll since September 2010. March saw the unemployment percentage increase by 0.9%, which is the highest over the month increase since January 1975. March also .... Read more »

Long-Term Unemployment: What to speak about in a Job Interview

Many American who became jobless in the early days of recession remain unemployed and the practical and emotional toll is immense. The recent jobs report had mixed news. Overall unemployment levels have resolved at a relatively lower 8.5% percent but almost 5.6 million Americans have been out of work for more than 6 months and nearly 3..... Read more »

Status of Foreclosures in US

The recession has hit the states of US very hard, which in turn has hit the unemployment rate. This has a very bad effect on home loans section. Many loans have been ending up in foreclosure and that is a very sad situation. Reports claim that Nevada was the forerunner in the foreclosure rate. Almost one in every 69 houses have got a notice there. Arizona took the second pla.... Read more »

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