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Another Hiring Wave with 559,0000 Jobs Added in May; U.S. Poised for Labor Shortage

 Bureau of Labor Statistics  that the economy added 559,000 jobs in May, with the unemployment rate at 5.8 percent.   Of the 7.6 million jobs that remain lost from the pandemic, close to 2.5 million are in the Le isure and Hospitality industry, which includes restaurants, hotels, and entertainment venues. The biggest challenge persists in peoples willingness to return to work, as they receive equivalent to the industrys average wage, depending on the state, in unemployment benefits and th...
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No Change for Syria, Despite Elections

No Change for Syria, Despite Elections Copy link By Stephen Starr Copy link May26, 2021 Another day, another sham election. A decade since a brutal crackdown by the regime on anti-government protesters descended into one of the worst humanitarian catastrophes of the 21st century, Syria is finally putting a devastating war behind it. Today, President Bashar Assad is up for reelection and will certainly “win.” But while the guns have largely fallen silent, a new set of challenges – and oppo...
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Source: ozy.com

U.S. Jobless Claims Fell to 473,000 Last Week — 2nd Update

Provided by Dow Jones By Sarah Chaney Cambon Jobless claims continued a several-week slide to new pandemic lows, in a sign hiring is primed to strengthen as workers return to the labor market. Worker applications for unemployment benefits fell to 473,000 last week from a revised 507,000 a week earlier, the Labor Department said Thursday. Claims remain above pre-pandemic levels but are now at the lowest point since mid-March 2020, when the pandemic shut down the ec...
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U.S. Jobless Claims Fell to 473,000 Last Week | Hellenic Shipping News Worldwide

U.S. Jobless Claims Fell to 473,000 Last Week Jobless claims continued a several-week slide to new pandemic lows, in a sign hiring is primed to strengthen as workers return to the labor market. Worker applications for unemployment benefits fell to 473,000 last week from a revised 507,000 a week earlier, the Labor Department said Thursday. Claims remain above pre-pandemic levels but are now at the lowest point since mid-March 2020, when the pandemic shut down the economy and triggered widespread...
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Job Growth Underwhelms; U.S. Gains Only 266,000 Jobs in April

Government and Leisure & Hospitality industries post greatest job gains in April. "Maintaining Marchs robust pace of job gain was going to be challenging at some point, but it was expected to be a few months away. We are seeing an earlier, more significant slowdown," said Jay Denton, chief analyst for ThinkWhy. One year ago, the U.S. lost 20.7 million jobs in April 2020 alone, equivalent to 13.8% of total employment at that time. Combined with significant job loss in March 2020,�...
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One year after pandemic, Dallas' job market heats up again, even while some sectors are still hurting

One year after pandemic, Dallas’ job market heats up again, even while some sectors are still hurting Federal relief efforts have helped bridge the gap, especially for those who couldn’t work from home. In the Dallas-Plano-Irving metro area, many sectors added jobs last year, but the pandemic was brutal for restaurants. They lost nearly 50,000 jobs in 2020, and one economist said the problem will be fixed only after the coronavirus is gone.(Juan Figueroa / Staff Photographer) Carletta Casti...
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