Our national unemployment crisis could be settling into a long period of despair before things truly improve.
filed for unemployment in the week ending May 16. On the one hand, that’s the lowest weekly total since March 14; on the other hand, it’s still 3½ times as high as the previous weekly record fromMarch, part of a nine-week stretch that’s seen 38.6 million initial claims filed across the country., we might expect the pace of job losses to slow down if businesses are able to reopen and begin bringing workers back . But if that’s going to happen, it’s tough to find much evidence for it yet.
After consistently declining by an average of 16 percent each week from April 11 through May 9, initial claims were down only 9 percent week-over-week in the Department of Labor’s most recent report: Perhaps the silver lining in all this dire unemployment data is the prospect of jobs not being permanently lost — that, through layoffs and furloughs, people might be out of work now but could return to their jobs when their employers reopen. And the
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
5 easy ways to manage your money during COVID-19 pandemicWith unemployment at an all-time high amid the coronavirus outbreak, now is a good time to make sure your finances are in order with these five tips.
Weiterlesen »
California lawmakers blast 'atrocious' UI system overloaded with 4.9M claimsCalifornia lawmakers unleashed their frustrations about the state's unemployment system today, demanding answers from an agency director about the problems their jobless constituents have endured trying to access the financial lifeline during the pandemic
Weiterlesen »
Struggle of unemployment claimants compounded by data breachThe Social Security numbers and home addresses of thousands of unemployment applicants inadvertently were exposed this week in three states that had contracted with Deloitte to build unemployment portals.
Weiterlesen »
Column: COVID-19 may make universal basic income more palatable. That's a good thingThe coronavirus crisis may mean that the time has come for universal basic income's closeup.
Weiterlesen »
Remote work will shrink big company perks, making startup hiring easier - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »