New Women CEOs Replacement Rate Posts Record
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.
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Jobs for Teens Soar in June as Economy Reopens, but Fewest Teens Working Since 2010
The number of U.S. teens who had jobs soared in June, but total teen employment is the lowest in a decade.
CEO Turnover Ticks Up in June; 3 Out Over Race
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…
Why the Solid June Jobs Report Might Look Overstated Versus July
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.
Job Market Posts Massive Recovery in June
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.
June Job Cuts 300% Higher Than Last Year, Half as Many as May
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 Continue to Hit Over a Million
Weekly jobless claims continued to pile up for the week ending June 20, again hitting over 1 million for the week.
Nebraska’s 5.8% Unemployment Rate Is Lowest in America
The U.S. Bureau of Labor Statics says that Nebraska's unemployment rate was the lowest in the country last month.
Nevada’s Jobless Rate Tops 25%
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.
CEO Turnover Jumps in May
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.
Teen Unemployment Likely Close to 40%
The jobless rate, while breathtakingly high among other groups in May, was still much lower than for people ages 16 to 19.
Will Spread Of COVID-19 Increase Automation Of Jobs?
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…
Black Unemployment Hits 16.8%
The good news is that the national unemployment rate improved from April. Yet the rate for black Americans ticked up again last month.
May’s Job Numbers So Strong All Future Stimulus Could Be Scrapped
The Bureau of Labor Statistics unemployment report released on Friday was perhaps so strong that hopes for additional stimulus packages might actually fade.
May Job Cuts Down 40% From April Record
Following a record-setting April, announced job cuts in May fell by 41% month over month.