The International Labour Organization says employment losses could increase to seven million if hostilities continue, but that rapid recovery would be possible if fighting were to stop immediately.
U.S. employers added 431,000 jobs in March, as the unemployment rate fell to 3.6% from 3.8% in February. The tight job market is putting upward pressure on both wages and prices.
The Federal Reserve is preparing to raise interest rates sooner and — perhaps — more aggressively after inflation reached the highest in nearly 40 years.
Historically, the LGBTQ community has faced higher-than-average unemployment rates and workplace cultures that are often difficult to navigate. COVID-19 has only deepened those difficulties for those seeking work. So the city of Atlanta and Goodwill of North Georgia are now taking a step to connect LGBTQ Atlantans with more job opportunities by partnering up for the city's second annual virtual LGBTQ Opportunity Fair.
Average wages for nonmanagers at restaurants and bars hit $15 an hour in May, but many say no amount of pay would get them to return. They are leaving at the highest rate in decades.
U.S. employers added 559,000 jobs last month, as the unemployment rate fell to 5.8% from 6.1% in April. Employers say they could use even more workers as demand surges and pandemic fears recede.
Guidance from the U.S. Equal Employment Opportunity Commission says employers can legally require workers to get a COVID-19 vaccine before returning to the office. But workers can claim exceptions.
Ivey Hall, Executive Director of the Macon Area Habitat for Humanity said this unique partnership between the Bibb County Schools and Habitat continues to provide many opportunities during such a difficult time for many in the community.
Fewer jobs were added to the economy last month even as the unemployment rate fell to 8.4%. Job growth has slowed since June in a sign of what could be a long and painful recovery from the recession.