Last week, the number of Americans filing unemployment claims fell for the 3rd time in a row. The recent coronavirus case surges attributed to the Delta variant did not slow the US hiring rate. Unemployment claims are seen as a real-time measure of how the job market is faring. The lower claims for a 3rd consecutive week are the latest sign that fewer people are being laid off. As the economy bounces back and employers are attempting to fill jobs left vacant after the pandemic as customer demand increases. On Thursday, US Labor Department released a report showing unemployment claims fell to 375 thousand last week, down from 387 thousand the previous week. The total number of applications has been steadily falling since it reached over 900 thousand in early January Read more...
Speaking of unemployment, as of 2015-2016, about 5% of Indians are jobless.
At 8.7%, a significantly high number of women are without a job, with unemployed males being at a relatively low 4.3%.
Why am I mentioning statistical facts, you may ask?
To tell you that there are many others who might be going through similar kinds of stress.
When you lose a job, or are simply unable to get one, it is natural to feel low, be upset, and envy the lives of those who are self-reliant, and are able to live life at their own expense.
Along with a stable job comes financial independence, which is why unemployment is likely to make you feel caged, dull, overly dependent, and also lack a sense of security.Read more at - https://www.betterlyf.com/articles/work-stress/ways-to-deal-with-unemployment/
Last week, US Labor Department published data that shows the 10 states with the lowest unemployment rates are all led by GOP governors, and the 10 states with the highest percentage of out-of-work Americans are run by Democratic governors Read more....
The Department of Labor offers two different types of unemployment benefits: benefits for disability and unemployment compensation.
You are entitled to disability benefits if you become injured or disabled while you are entitled to unemployment benefits, or receive unemployment compensation.
To make matters more confusing for the reader, to determine if the condition is temporary or permanent, doctors examine the worker for signs of illness but not always to determine if the condition will hinder them from working.
For instance, a worker could have a bad back but take a medical leave and then miss a few months of work before becoming ill again.
If the condition becomes severe that it prevents them from working again, the employee is considered to be disabled for a short period of time.The sick leave or time off provisions of unemployment benefits permit employers to temporarily ease their health and safety risks by hiring and terminating eligible employees.
The agreement may specify that the benefits are paid each week, every month or possibly over a certain number of years.
Youth unemployment remains a big concern because of the ills that come with it.
It shouldn't be an issue but it's still one of the world's biggest problems, especially in developing countries.
There are many factors to consider when tackling unemployment and creating ways to fix it.
Youth unemployment rates are at 16% in the US, and this percentage has been steadily increasing for years now.
This means that there are millions of young people who have no job and aren't looking for one.
Those who are actively seeking employment, often find themselves struggling with low wages and long hours as they try to make ends meet.In this blog post, we will explore 5 ways to tackle the youth job crisis so you can help give these young people a chance at finding work!1.
