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Record-Shattering, and Not the Good Kind: US Unemployment Rate Soars to 14.7%

Record-Shattering, and Not the Good Kind: US Unemployment Rate Soars to 14.7%

by Erika Wheless | May 12, 2020 | Employment, Featured

The coronavirus has taken the US labor market hostage.  According to data released today by the Bureau of Labor Statistics, the US has reached levels of unemployment not seen since the Great Depression. Non farm payrolls lost 20.5 million jobs, and the unemployment...
Report shows record-breaking loss of American jobs in April

Report shows record-breaking loss of American jobs in April

by Jill Shah | May 12, 2020 | Employment, Featured

The U.S. economy lost a historic number of jobs in April, the clearest picture yet of the staggering consequences wrought by the pandemic. The report released by the Bureau of Labor Statistics showed a record 20.5 million jobs lost over one month and an unemployment...
After recovering well from 2008 recession, Arizona could see a quick reversal of fortunes in wake of coronavirus

After recovering well from 2008 recession, Arizona could see a quick reversal of fortunes in wake of coronavirus

by Korey Matthews | Apr 9, 2020 | Employment, Featured

As the coronavirus crisis continues in the United States, Arizona, like most states, is facing a frightening economic outlook.  The social distancing measures put in place by federal and local governments have hurt businesses in the state, forcing some to even lay off...
Jobs jump in April, in 103rd straight month of growth

Jobs jump in April, in 103rd straight month of growth

by Kelly Zegers | May 7, 2019 | Employment, Featured

Hiring jumped in April, with unemployment down to its lowest rate in decades, giving President Trump continued political fodder while he takes credit for economic growth. Nonfarm payrolls increased by 263,000 in April, the Labor Department said Friday, solidifying a...
The U.S. economy tightens as unemployment falls to historic 3.9 percent low

The U.S. economy tightens as unemployment falls to historic 3.9 percent low

by Willa Rubin | May 7, 2018 | Employment

The unemployment rate dipped to 3.9 percent in April, the lowest level since 2000. For a record 91st straight month, the economy added more than 100,000 jobs. They are both signs that the U.S. is nearing full employment. The U.S. Bureau of Labor Statistics Employment...
Union Decline Is to Blame for Wage Stagnation, But Union Resurgence May Solve It

Union Decline Is to Blame for Wage Stagnation, But Union Resurgence May Solve It

by Max Zahn | Mar 30, 2018 | Employment

Shannon Johnson eats one meal per day, often consisting of a can of tuna and celery sticks. Her job in food service at Disneyland Resort, a set of hotels next to the theme park in Anaheim, California, pays an hourly wage of $11, the state minimum. When she leads a...
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