CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home International

US job vacancies reached a record 10.1 million

CEO Tab by CEO Tab
August 10, 2021
in International
0
US Jobs

US job vacancies hit a record 10.1 million

74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

US job openings hit a fresh record in June amid reports the country continues to face a labor shortage.

You might also like

Russia blames sanctions for gas pipeline shutdown

World may soon be teetering on the edge of recession: IMF

Sri Lanka government warns fuel stocks about to run dry

Job vacancies jumped by 590,000 to 10.1 million on the last day of the month, according to figures from the Labor Department.

That was up from a record 9.5 million openings in May and well above economists’ expectations.

It comes as companies struggle to find workers in sectors such as leisure and hospitality as the economy reopens.

“The ratio of openings to hires, despite easing in June, remained at historically elevated levels,” JPMorgan analyst Peter McCrory said.

US unemployment surged to 14.8% at the start of the coronavirus pandemic, but the economy has been recovering strongly this year.

However, despite restrictions being eased, workers have not rushed back to jobs in the numbers expected.

The shortfall has been blamed on a lack of affordable childcare, generous unemployment benefits, and pandemic-related retirements and career changes.

Some also believe there are too many low-skilled jobs being advertised, and not enough suitable candidates.

Official unemployment figures in July suggested the country might be turning a corner, as employment rose by 943,000. The unemployment rate also fell 0.5 percentage points to 5.4%.

However the figures mainly pre-date the rise of the Delta variant of Covid in the US, which has led to a surge in infections and fears new restrictions could be imposed.

Already New York City has said all customers and staff of restaurants, gyms and other indoor businesses will have to be fully vaccinated against Covid-19.

And the city’s Auto Show, scheduled to run from 20 to 29 August, has been cancelled due to fears about rising infection rates.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Russia blames sanctions for gas pipeline shutdown

by CEO Tab
September 5, 2022
0
Russia blames sanctions for gas pipeline shutdown

Russia has warned that it will not resume gas supplies along a key pipeline to Europe until sanctions are lifted. Moscow has blamed Western countries for its decision...

Read more

World may soon be teetering on the edge of recession: IMF

by CEO Tab
July 27, 2022
0
Nepal to receive Rs 48 billion loans from IMF

The International Monetary Fund (IMF) cut global growth forecasts again, warning that downside risks from high inflation and the Ukraine war were materializing and could push the world...

Read more

Sri Lanka government warns fuel stocks about to run dry

by CEO Tab
July 4, 2022
0
Sri Lanka in an economic emergency as food prices soar

Sri Lanka has less than a day’s worth of fuel left, the energy minister says, with public transport grinding to a halt as the country’s economic crisis deepens....

Read more

Tesla’s 2Q sales drop amid supply chain, pandemic problems

by CEO Tab
July 3, 2022
0
Tesla will no longer accept Bitcoin over climate concerns

Tesla’s sales from April through June fell to their lowest quarterly level since last fall as supply chain issues and pandemic restrictions in China hobbled production of its...

Read more

Florida pension fund sues Musk, Twitter over $44bn takeover

by CEO Tab
May 8, 2022
0
Elon Musk

Elon Musk’s $44 billion buyouts of Twitter Inc. was challenged in a lawsuit by a Florida pension fund that argues the deal can’t close before 2025 because Musk...

Read more
Next Post
Finance-Minister

Fact paper on real picture of the economy: Finance Minister Sharma

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.