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To spell it out in his own words, President Trump tweeted, “In many ways, this is the greatest economy in the HISTORY of America.” This poses a question of whether the economy is doing exceptionally well post the Obama administration. This is based on the big difference between the level of economic performance and the direction of change in the economy based on.... Read more »
Artificial Intelligence is set to change the landscape of the job market by cutting jobs, adding Artificial Intelligence (AI) related jobs and ensuring that the workforce continues to reskill themselves. After all, AI was developed based on the theory and the development of computers that are able to perform tasks that require human intelligence. This could be visua.... Read more »
For a second time, Congress pushed hard to reach a deal for government funding past midnight but failed. This has lead the federal government to a shutdown in just three weeks since the previous one. Senate had originally reached a deal the previous day, it focused on lifting spending caps and raising military spending and the bill was stalled in the upper chamber f.... Read more »
Every month, the Bureau of Labor Statistics releases a news release called ‘The Employment Situation’. Detailing how employment is faring in all industries within the United States. The month of December saw no changes to the overall unemployment rate. However, most of the industries in the United States did create a steady increase of jobs in line with 2016. Read more »
The national Unemployment Rate in September 2017 was 4.2%, a fall of 0.2 percent, compared to the previous month. In aggregate, there were a little over 33,000 jobs reduced from the economy during this month. The negative impact of Hurricane Harvey and Irma could be felt in industries such as food services and drinking places which registered a negative growth.
A common question that haunts unemployed individuals, especially the retired ones is whether or not they can claim Unemployment Compensation along with Social Security Retirement benefits. As you may know, this program offers people with a weekly benefit amount to provide financial assistance while they don’t have a major or stable source of income.
With 8 years of president ship behind him, Barack Obama successfully reduced the unemployment rate to below 5%, a monumental success given that he took office when the country was facing its greatest economic downward spiral. But is that all? There are indeed many states, who have really pushed their limits. After exploring the most frie.... Read more »
The unemployment situation in the country has witnessed little movement over the last 2-3 months. During the month of August 2016, it continued to remain stable with an unemployment rate of 4.9%, the same as last month. In aggregate, the economy added a little .... Read more »
With the economic outlook remaining largely stable, the unemployment rate in March 2016 was 5.0 percent, adding a little over 215,000 jobs during this month. While industries such as construction, healthcare and retail created the highest number of jobs, mining and manufacturing had the highest number of job losses. The number of unemployment persons in the US at th.... Read more »
In continuation with our monthly publication on the unemployment situation in the country, let us uncover the news release from Bureau of Labor Statistics, U.S Department of Labor, titled “The Unemployment Situation - February 2016” which provides a multi angle view on the employment/unemployment conditions. .... Read more »