What a 20% Unemployment Rate Looks Like
A U.S. jobless rate of 20% would be the equivalent of 30 million Americans out of work. These five industries would be hit the hardest.
Jobs
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Potential Impact of Coronavirus Tops 7 Million Jobs
State and local government mandates against gatherings are putting more than 7 million jobs in a dozen states and the District of Columbia.
COVID-19 Report: How Many Jobs Actually at Risk in Recession?
Economists have begun to consider how many jobs are at risk in a sharp downturn, particularly one caused by COVID-19.
4.4 Million Jobs Hit by Bar, Restaurant Closures
Five states and New York City have ordered bars and restaurants closed in an effort to slow down the spread of the coronavirus. More than 4.4 million jobs could be temporarily lost.
CEO Departures Declined Last Month Following January’s All-Time High
After a record-setting January, the number of U.S. CEOs who left their jobs in February fell by more than 40%. The two-month total, however, remains on a pace to set a new quarterly record…
US Could Lose 1 Million Jobs
Widespread job loss is always part of a ripple effect. One region or industry is hit, and that moves to many others.
The 4 Waves of Coronavirus Impact on US Jobs
Challenger, Gray & Christmas warns that a global recession that may have begun on February 21 is picking up speed.
Why the Market Is Ignoring a Very Strong Jobs Report
Why is a solid jobs report was being ignored early on Friday? Is the assumption that things are going to be much worse in a week, a month and maybe for much longer?
Job Market Remains Strong Despite Coronavirus Risks to the Economy
The global growth story has weakened in 2020. The good news, at least so far, is that the U.S. job market largely has been unaffected.
CEO Departures Begin 2020 at Record Pace
An all-time record number of CEOs departed their companies in January, continuing the heightened pace of CEO job changes from last year.
Tech Sector Job Cuts Soar 2,000% in January
Outplacement firm Challenger, Gray & Christmas announced Thursday that employers announced 67,735 job cuts in January, the highest total in 11 months.
US Trade Deficit With China Has Cost 3.7 Million US Jobs
A new study from the Economic Policy Institute reports that the U.S. trade deficit with China has cost 3.7 million U.S. jobs since 2001.
World’s Billionaires Worth More Than 4.6 Billion People
Oxfam published an analysis of the world’s wealth. The data showed that the world’s billionaires have more than 4.6 billion people–about 60% of the world’s population. The billionaire count is just over two thousand.…
Does a Massive Drop in Job Openings Warn That Solid Employment Has Already Peaked?
Some economists have been pointing to cracks in the overall forecast for the jobs market in 2020. One factor that will support at least some of the concerns is the Labor Department's Job Openings…
A Record Number of Women Become CEOs in 2019, but Is That Good Enough?
While the number of women who replaced departing CEOs went up in 2019, as a proportion of all replacement CEOs, the percentage slipped for the first time in 10 years.