Saturday , 16 January 2021

US Economy

U.S. Workforce Slowly Recovering with More Jobs

There appears to be a bit of bounce in the step of economic activity in the U.S. as total nonfarm payroll employment spiked by 638,000 in October, coupled by a 6.9% drop in the unemployment rate, according to the U.S. Bureau of Labor Statistics. The story behind the story? The BLS indicated the springboard in … The post U.S. Workforce …

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Unemployment Rate Skyrockets to 14.7%

The U.S. economy lost 20.5 million jobs in April and the unemployment skyrocketed to 14.7%, according to the U.S. Bureau of Labor Statistics (BLS).  The unemployment rate rose from the prior month’s 4.4%, with CNN reporting this being the most-sudden decline on monthly job losses since data started being tracked in 1939.  CNN adds the … The post Unemployment Rate …

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