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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.
The U.S. Department of Labor has reported that jobless claims fell last week, but the were nowhere close to good numbers.
University of Michigan President Mark Schlissel says he may not open the school, at all, this year. The decision will be made soon. If he keeps the school shuttered, over 46,000 students will have...
CEO departures slowed to a trickle in April, plunging to their lowest level since November of 2014, according to the latest report from outplacement firm Challenger, Gray & Christmas.
The jobs report for April was horrible enough. The situation is was even worse for black and Hispanic Americans, with jobless rates well above the national average.