Category Archives: Employment

CARES Act to Provide Aid to Workers and Businesses Impacted by Health Crisis

  I EMPLOYMENT APRIL 2020 I Research Brief CARES Act to Provide Aid to Workers & Businesses Impacted by Health Crisis I Global health crisis causes shock to labor market. Restrictions on personal mobility due to the spread of COVID-19 have forced many businesses to temporarily close, contributing to 701,000 lost jobs in March. These […]

Unemployment Claims Hit All-Time High, Ending a Decadelong Run of Job Growth

    I UNEMPLOYMENT MARCH 2020 I Research Brief Unemployment Claims Hit All-Time High, Ending a Decadelong Run of Job Growth I Coronavirus pandemic brings job creation to a halt. A record 3.28 million workers filed for jobless benefits in the week ending March 21 as the impact of COVID-19 hit the U.S. economy, putting […]

Job Creation Exceeds Expectations; Pace Could Fluctuate in Coming Months

    I EMPLOYMENT MARCH 2020 I Research Brief Job Creation Exceeds Expectations; Pace Could Vary in Coming Months I Employment growth remains strong. Employers added 273,000 positions in February, the strongest pace of job creation since May 2018. Figures from December and January were also revised up by a combined 85,000 jobs, producing an […]

New Year Begins on High Note With Hiring Surge in Construction Sector

  I EMPLOYMENT FEBRUARY 2020 I Research Brief New Year Begins on High Note With Hiring Surge in Construction Sector I Better-than-expected job additions do not sway forecasts. Employers added 225,000 positions to payrolls in the first month of 2020, starting the year off on a strong foot after an average of 176,000 roles were […]