Unemployment

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Ante rises in fight for workers
Ante rises in fight for workers
Potential jobs candidates are met by a 7-foot robot of embossed steel, aluminum and plastic upon entering industrial automation and light assembly firm Morrell Group. A soldier, of sorts, reminiscent of the red-armored Master Chief from the popular Xbox video game Halo. But instead of battling for…
derek68·crainsdetroit.com·
Ante rises in fight for workers
Jobless claims rise in Michigan, likely linked to chip shortages
Jobless claims rise in Michigan, likely linked to chip shortages
Despite new U.S. jobless claims reaching the lowest point since the pandemic began more than a year ago, claims in Michigan rose last week. For the week ending April 17 in Michigan, 21,861 filed new unemployment claims, up from 16,470 the week prior. Nationally, 547,000 filed new claims last…
derek68·crainsdetroit.com·
Jobless claims rise in Michigan, likely linked to chip shortages
Help wanted: Variety of factors at play as small businesses, restaurants struggle to add staff
Help wanted: Variety of factors at play as small businesses, restaurants struggle to add staff
If you're out and about and noticing "Now hiring!" signs at every turn, there's a reason: Small businesses are having issues staffing up in the COVID-19 pandemic era.A combination of extended unemployment benefits, fears about contracting the coronavirus in the workplace and a lack of stability in…
derek68·crainsdetroit.com·
Help wanted: Variety of factors at play as small businesses, restaurants struggle to add staff
March hiring accelerated to 916K, yet many jobs remain lost
March hiring accelerated to 916K, yet many jobs remain lost
WASHINGTON (AP) — America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations...
derek68·apnews.com·
March hiring accelerated to 916K, yet many jobs remain lost
Detroit unemployment rate won't fall to pre-pandemic levels until 2025, and other economic takeaways
Detroit unemployment rate won't fall to pre-pandemic levels until 2025, and other economic takeaways
Detroit's unemployment rate won't get back to pre-pandemic levels again until 2025. That's the latest finding from the City of Detroit-University Economic Analysis Partnership that produces job and wage data with support from the University of Michigan, Michigan State University and Wayne State…
derek68·crainsdetroit.com·
Detroit unemployment rate won't fall to pre-pandemic levels until 2025, and other economic takeaways
U.S. labor market struggling, but light at the end of tunnel | Reuters
U.S. labor market struggling, but light at the end of tunnel | Reuters
The number of Americans filing new applications for unemployment benefits fell slightly last week as the labor market continued to tread water, but a drop in new COVID-19 cases has raised cautious optimism that momentum could pick up by the spring.
derek68·reuters.com·
U.S. labor market struggling, but light at the end of tunnel | Reuters
Latest jobs report shows why the unemployment rate needs fixing - Phil Davis
Latest jobs report shows why the unemployment rate needs fixing - Phil Davis
Many economists would agree that the official U.S. unemployment rate is an inadequate measure of actual labor market conditions. Although this is one of the most cited pieces of data on the economy as a whole, not many people understand how this indicator is calculated and who is and – more importantly – who isn’t included in it. The latest data, which found that joblessness fell from 6.7% in December to 6.3% in January, shows why.
derek68·thestreet.com·
Latest jobs report shows why the unemployment rate needs fixing - Phil Davis
U.S. women, workers of color bear brunt of December job losses
U.S. women, workers of color bear brunt of December job losses
The U.S. labor market lost jobs in December for the first time in eight months, while women and workers of color continue to bear the brunt of job losses as the coronavirus pandemic rages across the U.S.Unemployment for women and Hispanic workers rose in December for the first time in eight months,…
derek68·crainsdetroit.com·
U.S. women, workers of color bear brunt of December job losses
Unemployment benefits fight highlights long-term economic pain
Unemployment benefits fight highlights long-term economic pain
As state legislators contemplate the future of unemployment benefits, the health of Michigan's economy hangs in the balance. Michigan's quick recovery, largely thanks to the automotive sector working double time after two months of lost production, has stalled out. Jobs posts remain well…
derek68·crainsdetroit.com·
Unemployment benefits fight highlights long-term economic pain