Iowa’s unemployment has dropped to 2.5 percent and this makes it the second lowest in the country after Hawaii. But 50 percent of Iowa graduates still prefer to move out of the state once they are done with college. Iowa’s unemployment rate has fallen to the lowest percentage since 2000. There is a low unemployment rate for Iowa as compared to the rest of the United States. Also, the job … Read more
In continuation with its task of providing monthly reports on the overall Employment footing across at the states in the USA, The Bureau of Labor Statistics(BLS), operating under the aegis of the U.S Department of Labor released its publication titled “Regional and State Employment and Unemployment” on October 20 that presents in depth statistics, data and analysis of performance of states and regions during the month of September 2015. In … Read more
With the Coronavirus pandemic spreading rapidly across the United States, businesses continue to shutter, causing millions to lose their jobs. As per the latest reports, the unemployment rate has reached 11%, and nearly 26.4 million people have filed for unemployment insurance benefits. Big companies like JCPenny, Under Armour, etc. have begun furloughing their employees only to add to the unemployment. Conversely, many businesses are looking to expand their workforce to … Read more
Recently, the U.S. Congress and President Trump passed a $2 trillion Coronavirus stimulus package to help Americans facing economic hardships due to the outbreak of the pandemic. As a part of this financial relief measure, the federal government if offering a $1,200 stimulus check to the claimants through direct deposit or paper check. As millions of Americans eagerly wait for their money, cybercriminals or fraudsters are tricking people and trying … Read more
Employment situation in the country continued to remain stable in March 2015 with little change in overall unemployment rates that stood at 5.5%, same as the previous calendar month. Overall, there was considerable decline in jobless rates in over 23 states. Let us decode the monthly News Release from Bureau of Labor Statistics titled “ REGIONAL AND STATE EMPLOYMENT AND UNEMPLOYMENT — MARCH 2015” made public on April 21, 2015. … Read more
Tennessee was the 16th state in 1796 and is today bordered by eight states and the Mississippi River. Also known as the Volunteer State, it is home to over 6.6 million people and has its capital in Nashville. Other counties with large populations include Memphis, Knoxville, Chattanooga, and Clarksville. The median household income is $47,275 which is slightly lower than the national average. On the other hand, the poverty rate … Read more
The outbreak of Coronavirus pandemic has obstructed the operations of various industries, causing millions of Americans to lose their employment. In response to the rise in unemployment, the Senate and House have passed the Coronavirus stimulus package to help the unemployed make it through the time of crisis. What Is a Coronavirus Stimulus Package? The Coronavirus Stimulus package is a financial rescue measure given by the federal government to stimulate … Read more
The national Unemployment Rate in September 2017 was 4.2%, a fall of 0.2 percent, compared to the previous month. In aggregate, there were a little over 33,000 jobs reduced from the economy during this month. The negative impact of Hurricane Harvey and Irma could be felt in industries such as food services and drinking places which registered a negative growth. By the end of September 2017, the number of unemployed … Read more
Florida’s economy was strong before the storm and looks to rebound after a short term slowdown and this will have an impact on the state’s budget. The previous lawmakers had projected $52 billion as a surplus and this is a fraction to the $83 billion budget which was destroyed by Irma. The $2.5 billion in losses to agricultural industry in Florida would only increase the stress on the budget as … Read more
Americans filing for unemployment benefits unexpectedly rose but remained near a 49 year low. This increase appeared unlikely to make a dent in the US labor market which remains strong. The claims for state unemployment benefits increased by 7,000 and adjusted to 214,000 for the week. Earlier, economists suggested that the claims forecast was slipping to 206,000 from 207,000. Claimes increased for South and North Carolina which were affected by … Read more