[Forbes, Getty Images] We’re entering a brutal job market, where you just can’t take anything for granted. You must be very strategic, realistic and forward thinking when it comes to your career. You’ve probably seen lists like the one below all over the internet. Understandably, they’re made in good faith […]
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[CNN] Businesses struggle to rehire workers as states reopen New York (CNN Business)US airline workers have been largely spared from the carnage that’s pushed the country’s unemployment to record highs since the start of the coronavirus pandemic. But those same workers -— roughly 750,000 pilots, flight attendants, baggage handlers,mechanics and others — […]
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[Bloomberg] FOMC voter says virus impact may linger for year or two Real jobless rate in U.S. is already as high as 24%, he says Americans should brace for even more gut-wrenching news on unemployment amid the coronavirus pandemic, and Congress should consider providing more help, said Federal Reserve Bank […]
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[CNN Business] Hundreds of people lined up outside of Vegas casino for food New York (CNN Business)The US job market has completely cratered within mere weeks. And it isn’t coming back anytime soon.The pandemic forced local and federal officials to shut down the American economy, delivering an instant shock to the […]
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[USA TODAY] The U.S. economy lost 20.5 million jobs in April and the unemployment rate soared to 14.7% — both record highs — laying bare the starkest picture yet of the crippling gut-punch delivered by the coronavirus pandemic. In just a month, the historically dismal performance abruptly wiped away nearly all the nation’s […]
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[MarketWatch, Getty Images] To conserve cash, some employers are suspending contributions to their workers’ 401(k) accounts. And if this downturn plays out like previous recessions, more will follow. The handful of employers announcing suspensions in recent weeks include travel companies and retailers hit first and hardest by shrinking consumer demand, […]
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[ESPN] Iconic bat maker Louisville Slugger has temporarily closed its factory and furloughed the majority of its workforce because of coronavirus shutdowns. “We’re not doing any advertising. We’ve cut all our expenses we can. We’re just hoping we get back to normal before we run out of cash,” CEO John Hillerich […]
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[POLITICO, Elaine Thompson/AP Photo] Experts and analysts warn that the nationwide unemployment could rise into the mid-teens by summer. Some 10 million workers have applied for unemployment benefits in two weeks, a once-unimaginable number that amounts to nearly one out of every 20 working-age Americans. And that’s just the start. […]
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[MarketWatch, Getty Images] Before the coronavirus pandemic forced businesses and schools to close, high school and college graduates from the Class of 2020 could have expected to graduate into the strongest job market in 50 years. Now, due to massive economic fallout, the Class of 2020 is at risk of graduating […]
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[Work It Daily] If you’re pondering how you’re going to get where you want to be in your career, there are some simple steps you can take that will help you create your own career development plan. Let’s not be confused by the word “simple.” Sometimes the simplest of concepts […]
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