January Employment Report: Is the Economy Recovering Fast Enough?
The most recent unemployment report has just surfaced and things appear to be looking up, if only slightly. Is this fast enough?
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January Job Cuts Surge to Decade High
More than 79,000 new job cuts were announced in January according to the monthly report from outplacement firm Challenger, Gray & Christmas. That's the highest January total since 2009.
Unemployment In This State Is Astonishingly Low 3%
The U.S. Bureau of Labor Statistics released its “State Employment and Unemployment” report for December 2020. The national rate for the month was 6.7%. That was the same as in November, but 3.1% higher…
National Guard Deployed Without Governor’s Consent for First Time in 60 Years
As many as 25,000 members of the National Guard could be in Washington, D.C., for the inauguration of Joe Biden and Kamala Harris on January 20.
This Is the College Major That Pays Off the Most
The college major that pays of the most is "health and medical preparatory programs," sometimes known as "pre-med."
This Is the Most Dangerous Job in America
Even before COVID-19, millions of Americans were working very dangerous jobs that make daily life possible. Fishing and hunting work ranked as the most dangerous job in America for 2019.
2020 CEO Turnover Puts Highest-Ever Percentage of Women in Top Job
Counter to the typical pattern for a recession, fewer CEOs left their jobs last year. Uncertainty due to the COVID-19 pandemic and the nation's economic policy may have made companies pause before making changes.
Job Cuts Almost Triple in 2020
U.S. companies announced more than 2.3 million job cuts in 2020, nearly half of which were attributed to the COVID-19 pandemic.
This State Has an Unemployment Rate Above 10%, Worse Than the US Great Recession Disaster
New Jersey has a jobless rate of 10.2%, which is higher than the worst level of the Great Recession.
Almost Every American Will Get Their Job Back — the Fed
Federal Reserve believes the rebound in employment will quicken to near the all-time low the jobless rate set last year.
November CEO Turnover Up Month Over Month, Down From 2019
CEO turnover was higher in November than in October, but the year-over-year total for the year is down both for the month and the year to date.
Seasonal Retail Hiring Falters in November as COVID-19 Surges
Seasonal retail hiring for the months of October and November has declined by more than a third year over year as the COVID-19 pandemic continues to rage across the country.
New Warning Suggests More Weakness Ahead for Jobs This Winter
The major recovery in the jobs market has started to show fatigue as 2020 comes to an end.
This Hawaiian City Has The Highest Jobless Rate In America
The U.S. Bureau of Labor Statistics Released its METROPOLITAN AREA EMPLOYMENT AND UNEMPLOYMENT — OCTOBER 2020, the latest month available. The U.S. jobless rate for the month was 6.9%, not seasonally adjusted. Of America’s…
Why the Bad Jobs Number Doesn’t Matter
The reality of 2020 is that good and bad economic numbers just do not matter. That will not last forever, but right now that is the case.