Amazon, Microsoft and Google Among US Companies To Hire 100,000 People From Marginalized New York communities
Top managers of the corporate world are coming together for an important task. The task is to hire 100,000 people from the marginalized communities in New York City. CEOs of top rung American companies like JPMorgan Chase, Amazon, and Microsoft have joined hands for a noble cause. They want to employ more people from marginalized […]
US Retail Sales Rose 1.2% In July: American Consumerism Has Staged a Rapid Comeback
Americans are no stranger to Layoffs and unemployment in the past. They have stoically faced these hardships, and signs of recovery from the present COVID pandemic are also visible. CNN Business reports that American consumerism is making a comeback. Millions of Americans have lost jobs during the Coronavirus epidemic. Many are struggling to pay their […]
US Weekly Jobless Claims Fell Below 1 Million, The First Time Since Mid-March
CNBC reports that U.S. weekly jobless claims fell below 1 million, the first time since mid-March. It is a good indicator of an economy slowly finding its feet after the pandemic. Economists surveyed by Dow Jones revealed a decline of 228,000 from the previous week’s total. First-time unemployment insurance claims in the last week were […]
