The job recovery in the United States has been uneven. Some cities still suffer from double-digit jobless rates.
Announced job cuts in April were the least in nearly two decades, according to the monthly report from Challenger, Gray & Christmas.
El Centro, California, had the highest unemployment rate in February. It was as high as in some years during the Great Depression.
The outplacement firm of Challenger, Gray & Christmas on Thursday reported that U.S. firms announced 30,603 job cuts in March, a drop of 86% from the cuts announced in March 2020. The total fell...
Unemployment varies widely from place to place. The city with the lowest rate in January was in Utah.
This poor California city had the highest unemployment rate in January. The jobless rate there was greater than the national rate in some years of the Great Depression.
The state where the highest percentage of survey respondents expect a loss of income soon was Hawaii.
The jobless rate by state varied considerably in January. Hawaii had the only jobless rate above 10% in the country.
In two states, only about half of the employable workforce worked in 2020, according to the U.S. Bureau of Labor Statistics.
February's announced job cuts plunged to a two-year low, according to outplacement firm Challenger, Gray & Christmas.
Four states had unemployment numbers at or above 10% last year. One of them was particularly hard hit.
The most recent unemployment report has just surfaced and things appear to be looking up, if only slightly. Is this fast enough?
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.
Chipotle Mexican shares dipped slightly on Monday after the burrito chain announced that it would be undertaking a huge expansion to its workforce.
U.S. companies announced more than 2.3 million job cuts in 2020, nearly half of which were attributed to the COVID-19 pandemic.