August saw a 315K job increase, and the unemployment rate increased to 3.7%.

The Labor Department reported on Friday that employers added 315,000 jobs in August, which was in line with predictions but a significant decrease from July.

This figure is compared to the revised 526,000 jobs that were added in July, which was more than double the anticipated amount. P...

S. KOREA REPORTS INCREASE IN NUMBER OF EMPLOYED PEOPLE IN MARCH

Highlights –

• S. Korea reports increase in number of employed people in March.
• The country saw numbers of employed people reach 26.9 million.
• The unemployment rate also rose 0.1% point on-year to 4.3 percent last month.
• Temp...

916,000 JOBS WERE ADDED IN U.S. IN MARCH, UNEMPLOYMENT RATE PLUNGES BY 6%

Highlights

• This surge in jobs is a result of increased vaccinations and lesser curbs on businesses

• The Labor Department report said nonfarm payrolls went up by 916,000 in March and February unemployment was revised up to a 468,000 gain

• As per the...

U.S. ECONOMY GAINED 661,000 JOBS IN SEPTEMBER, UNEMPLOYMENT RATE SLUMPS TO 7.9%

Highlights

• The impact of this sluggish rise in employment and the US President Donald Trump testing COVID positive was immediately visible on the stock markets

• According to the Bureau of Labor Statistics, private-sector hiring was slightly better with addition of...

THE U.S. ADDED 1.4 MILLION JOBS IN AUGUST: BUREAU OF LABOR STATISTICS

Highlights

• The unemployment rate has gone down from 15 percent in April to 8.4 percent in August

• The U.S. has added nearly 50 percent of total jobs lost in the period of COVID-19 pandemic

• The data states that most of the companies are bringing ba...

SOUTH KOREA’S JOBS FALL AT FASTER PACE IN APRIL

Highlights:

• The unemployment rate of South Korea has fallen at its fastest pace in two decades.
• The unemployment rate is increasing as due to coronavirus pandemic the business was forced to be shut and cut the social activity.
• South Korea&r...

CALIFORNIA UNEMPLOYMENT INCREASE: $600 ANNOUNCED FOR THE UNEMPLOYED

Highlights:

• California unemployment rates increase
• $600 extra announced for the un-employed

With the pandemic hitting hard, coronavirus has brought many to its feet. Unemployment is rampant as businesses shut and people are laid off. Like every other...

Employment stress may adversely affect UK

The UK economy is struggling and there is no second opinion on this, as the country has made it clear with the growth figures it has brought out, so we expect that this will only get worse in the near future, so there is a dire need for some major reform that will bring stability to the economy a...