Articles Related to : unemployment situation

In a bout of great news, November saw the unemployment rate dropping to 6.7% despite the surging Coronavirus caseload across the country. However, 10.7 million citizens still remain unemployed due to the economic slowdown and shutting down of several businesses. Several experts also believe that the economic situation will get back to normal only by 2024.  .... Read more »

Ever since the economy has reopened, states have witnessed a dip in the unemployment rate and claims. According to the Labor Department's reports, the seasonally adjusted initial Unemployment Insurance (UI) claims were 860,000 in the week ending September 12, a decrease of 33,000 claims from the previous week. The 4-week moving average for the week ending September .... 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 the Read more »

Are you on the job hunt and not hearing back from the companies you applied to? Well, they could be numerous reasons as to why you do not hearing back from jobs you applied for. Not knowing where you stand in your job search can be pretty stressful for you. The uncertainty on whether you should keep applying for more jobs or wait for a response from previous intervi.... Read more »

According to the U.S. Bureau of Labor Statistics, there was a slight change in the October unemployment rate which currently stands at 3.6 percent. October saw a pick up in monthly earnings which rose to 0.1% Read 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.

Major Ups and Downs in .... Read more »

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, th.... Read more »

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 unemployment grow und.... Read more »

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.

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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.

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