The U.S. Department of Labor has released its jobless claims report for the week ending August 1. Initial jobless claims fell to less than 1.2 million last week.
New research shows that layoffs announce by U.S.-based employers in July rose sharply both year over year and from June.
The ADP National Employment Report was a serious miss as private sector employment increased much less than expected.
While weekly jobless claims have been coming down from the peak March 28 report of nearly 6.9 million claims, the week of July 18 was the first actual gain in weekly jobless claims since that peak.
One of America's richest states had the highest unemployment rate in June, according to the U.S. Bureau of Labor Statistics.
One of America's poorest states had the lowest unemployment rate in June, according to the U.S. Bureau of Labor Statistics.
In the first half of 2020, the rate at which women have been named to replace departing CEOs reached a record rate. More effort is still needed, however.
The number of U.S. teens who had jobs soared in June, but total teen employment is the lowest in a decade.
More than 660 U.S. CEOs have left their jobs in the first half of this year. While the total is down by nearly 9% year over year, job cuts announced by U.S. firms are up by 379% in the same period.
While the new Employment Situation Summary for June posted by the U.S. Bureau Statistics was filled with good news, one group did not do well. Black unemployment was 15.4%, 39% above the national...
Unfortunately, the strong jobs report for June is now old enough that it may no longer be relevant, considering the COVID-19 case spike seen since the so-called reference week.
ADP's National Employment Report shows that the private sector added more than 2 million jobs in June, due in large part to small business hiring.
The monthly job losses report from outplacement firm Challenger, Gray & Christmas shows a big improvement month over month. However, quarterly and year-to-date totals set new records.
Weekly jobless claims continued to pile up for the week ending June 20, again hitting over 1 million for the week.
The U.S. Bureau of Labor Statics says that Nebraska's unemployment rate was the lowest in the country last month.