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.
Nevada employment was particularly hard hit because of the hospitality industry, mostly centered in Las Vegas. Gambling in the city was shut down, and with it, countless restaurants and hotels.
Following April's record low turnover rate, the number of CEOs who left their jobs in May rose by 73%. The government/nonprofit sector was especially hard hit.
The jobless rate, while breathtakingly high among other groups in May, was still much lower than for people ages 16 to 19.
The spread of COVID-19 has put millions of people out of jobs. Particularly hard hit are the restaurant and hotel industries. This could trigger a move to the automation of these jobs which is...
The good news is that the national unemployment rate improved from April. Yet the rate for black Americans ticked up again last month.
The Bureau of Labor Statistics unemployment report released on Friday was perhaps so strong that hopes for additional stimulus packages might actually fade.
Following a record-setting April, announced job cuts in May fell by 41% month over month.
ADP reports that the private sector payrolls lost far fewer jobs that expected in the month of May.