Buck Bully
Job Market News
[Acorns, Illustration by Euralis Weekes] In the U.S., one expert says, “the more you work, the better person you are.” In the early 2000s, Jennifer Sherman, a professor of sociology at Washington State University, went to study a poverty-stricken mountain town in Northern California for her thesis. The town had been […]
(CNN) Last week, President Joe Biden reaffirmed his commitment to addressing climate change by creating green energy jobs, building out a “modern and sustainable infrastructure” toward his continued goal of reaching a carbon-free energy sector in the US by 2035. In remarks last week before signing several executive orders focused on his climate agenda, […]
[CNBC, Getty Images] In a shift from recent years that have seen tech jobs as one of the most prominent fields for opportunity, the past year showed the rise of human-centric roles to cater to new and urgent needs brought on by the pandemic. LinkedIn’s latest Jobs on the Rise report, a special […]
[Yahoo! Finance] While the coronavirus pandemic of 2020 has hit poor Americans the hardest, minimum wage earners in 20 U.S. states will get raises at the start of the new year. Four more states, plus Washington, DC, will raise their minimum wages later in 2021. Florida’s workers will get one of […]
[The New York Times] U.S. employers added 245,000 jobs in November, a fifth month of tapering, amid a coronavirus surge. The American economic recovery continues to slow, stranding millions who have yet to find a new job after being thrown out of work by the coronavirus pandemic. The latest evidence […]
[Reuters] WASHINGTON (Reuters) – The number of Americans filing first-time claims for jobless benefits rose last week, likely as new business restrictions to control spiraling COVID-19 infections unleashed a fresh wave of layoffs, which could further slow the labor market recovery. The weekly unemployment claims report from the Labor Department on […]
CHICAGO (CBS)– The U.S. Department of Labor estimates 70,659 new unemployment claims were filed during the week of Nov. 2 in Illinois, according to the DOL’s weekly claims report released Thursday. While this number is based on advanced estimates, the Illinois Department of Employment Security (IDES) will be releasing a final […]
[CNBC, Getty Images] The CARES Act offered a $600 weekly boost to unemployment benefits from through July. Unemployed workers have seen a 50% to 100% rise in “financial fragility” as a result of the lapsing benefits, according to research. Fewer workers have been able to pay their bills on time […]
[CNBC] First-time filings for jobless claims last week hit 898,000, above the Wall Street estimate of 830,000. That was the highest level since Aug. 22 and a sign of the ongoing struggles in the labor market. Continuing claims again fell sharply, dropping to just over 10 million American workers continued […]
[CNBC, GETTY IMAGES] Nearly 13 million Americans were unemployed in September. That’s about 7 million more workers than pre-pandemic levels. The early part of the recession was characterized by temporary layoffs, or furloughs. But permanent job loss is rising. A growing share of workers are also “long-term” unemployed, meaning they’ve […]