Jobs
University of Michigan President Mark Schlissel says he may not open the school, at all, this year. The decision will be made soon. If he keeps the school shuttered, over 46,000 students will have...
15 hours ago
CEO departures slowed to a trickle in April, plunging to their lowest level since November of 2014, according to the latest report from outplacement firm Challenger, Gray & Christmas.
12 days ago
The jobs report for April was horrible enough. The situation is was even worse for black and Hispanic Americans, with jobless rates well above the national average.
16 days ago
Many teenagers count on summer jobs to supplement income for the balance of the year. For a huge number, that opportunity is lost this year.
16 days ago
Everyone knew it was going to be a ghastly jobs number, but there may be some decent news in the report.
17 days ago
The Labor Department's report of more than 3 million jobless claims for the week ending May 2, 2020, actually might have some good news in it.
18 days ago
Outplacement firm Challenger, Gray & Christmas reported Thursday that more than 670,000 job cuts were announced in April, the highest total ever. Just over 98% of the cuts were related to the...
18 days ago
Due to the timing of the reporting periods, this ghastly ADP report might not even capture the true carnage in the American jobs market.
19 days ago
About 30 million people have filed for weekly jobless claims since the beginning of March as the recession continues to rage, including almost 4 million people who filed for unemployment benefits...
25 days ago
The number of weekly jobless claims in the past month has been nothing short of mind-boggling. Thursday’s top economic report was the weekly jobless from the U.S. Department of Labor, and its...
1 month ago
Last Updated: 1 month ago
Some chief executives are paid at a stunning multiple of the people who worked at their corporations. In 2019, seven CEOs made 1,000 times more than the median pay.
1 month ago
The U.S. Department of Labor reported on Thursday that weekly jobless claims totaled more than 5 million last week. That was less than in the prior week but more than the forecasts.
1 month ago
Announced job cuts due to the COVID-19 outbreak totaled 244,000 in the first two weeks of April, an increase of 11% over job losses announced for all of March.
1 month ago
JPMorgan researchers forecast that GDP could drop by 40% in the second quarter. The jobless rate nationwide could rise to 20%. That means some states, with workforces in the hardest-hit industries,...
1 month ago
Last Updated: 1 month ago
Just when you hoped or thought things could not get worse on the jobless and unemployment news, they did. Weekly jobless claims hit a whopping 6.6 million last week.
1 month ago