The economy of the United States has remained steady over the past year. However, the outbreak of the Coronavirus disease has seen severe repercussions for the American Job Market. One of the industries severely hit by the outbreak is the oil industry. Oil and natural gas producers have taken a hit over the last year due....Read more »
The November employment report states that the total nonfarm payroll increased by 266,000. In comparison to October, the nonfarm pay has seen a significant increase. There is a slight change in the unemployment rate, which currently stands at 3.5%, according to theRead more »
As per the employment situation report for September, the unemployment rate is reduced by 0.2 percentage points to reach 3.5 percent. With this, the unemployment rate is said to have reached a 50-year low, matching the figures of December 1969.
It's a great time to be in the job market. America has the lowest unemployment rate at 4.1 percent which is the lowest its been in 17 years. There is a 4 percent increase in hires since the previous graduating class.For job seekers, there is a good chance of feeling optimistic. Job creation was a whole 6 percent lower in 20....Read more »