The unemployment rate reached a record low in the month of April and has persisted with the same rate in May. Presently standing at 3.6 percent, the unemployment rate is at its lowest in the last 50 years. There are various reasons that are responsible for the reduction in the unemployment rate. Among others, the performance of some states in increasing the employment opportunities must be given due credit. Below … Read more
Despite Hurricanes Harvey and Irma, the latest unemployment rates have remained below the 5% mark that President Barack Obama achieved. The unemployment rates across the US have been dipping constantly with occasional minute spikes. In a recent report released by the U.S. Bureau of Labor Statistics (BLS), it showed a 0.2% drop in the unemployment rates for September, bringing it to 4.2%. Despite a decline of 33,000 non-farm jobs, the … Read more
With 8 years of president ship behind him, Barack Obama successfully reduced the unemployment rate to below 5%, a monumental success given that he took office when the country was facing its greatest economic downward spiral. But is that all? There are indeed many states, who have really pushed their limits. After exploring the most friendliest States for starting a new business, here’s our take on the top cities with … Read more
The Employment situation is a monthly report provided by the US Bureau of Labour statistics. The report mainly consists of data which involves the unemployment rates in the country. This unemployment rate research takes into account all factors such as unemployment in the terms of ethnicity, race, gender, age and industry. The report also examines the improvement/decline in wage among companies. While the report does provide the data, here are … Read more