Nike (NYSE: NKE) announced on Wednesday several company changes including leadership adjustments and job cuts as a means to enforce the digital side of the business. Throughout the pandemic,...
Tag: Unemployment
Target (NYSE: TGT) announced Wednesday that it will be increasing its employees minimum wage to USD15 per hour beginning June 5, as well as providing a one-time bonus of...
Statistics Canada has announced a total of 289,600 jobs in May, reporting that most of the employment additions came from full time jobs. This comes as a surprise as...
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Jobless Claims Shutter Records as COVID-19 Pandemic Continues Devastating Labor Market
The COVID-19 pandemic and the necessary measures taken by the government to flatten the curve of the outbreak continue to put an enormous toll on the American and world...
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Unemployment Claims Break Records as COVID-19 Wreaks Havoc on Economy
The COVID-19 pandemic continues to hurt the U.S economy, and now we have data on unemployment claims. The number of Americans filing for unemployment benefits has been published Thursday morning,...
Jobless claims fell last week as the number of Americans on unemployment has surged to over a 1-1/2 year high at the close of 2019. Initial claims fell 9,000,...
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U.S. Markets Skyrocket Record Highs After Trump Hints China-Trade Deal
U.S. markets skyrocketed to record highs on Thursday after President Donald Trump tweeted that the U.S. is “getting very close to a big deal with China,” hinting that tariffs...
Americans have been slashing their spending this year. According to the Invest in You Spending Survey released on Monday, 54% of participants described themselves as savers. The national survey...
The Federal Reserve is expected to announce a continuation of raising interest rates after their September meetings as U.S unemployment remains low and growth rates continue to rise. During...