Transform your daily workflows and Highlight Job Report 2020

Aug 6th, 2022
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How to Highlight Job Report 2020

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the world economic forum just released the future of jobs report 2020. welcome to the fourth industrial revolution the world economic forum has taken it upon itself from time to time to release the future of war of jobs reports that very last one was released in the year 2018 and they made a five-year projection that would span into 2023 and in the 2018 report it mentioned the fourth industrial revolution the age of technology and automation here we are two years after they are making an updated version of the future of jobs reports a little wonder the kovid 19 pandemic of year 2020 has fast-tracked the arrival of the future of work i mean it has fast-tracked the fourth industrial revolution it has fat struck the adoption of technology so today were going to be reviewing the key highlights from the future of jobs report 2020. according to the world economic forum the future of jobs report provides timely insight needed to arrange labour markets and workers towards opportunity today a

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Today, the Bureau of Labor Statistics reported that the American economy added 517,000 jobs in the month of January, and the unemployment rate ticked down to 3.4 percent, the lowest rate since May of 1969.
Federal unemployment benefit programs under the CARES Act ended on September 4, 2021.
The national unemployment rate, 3.6 percent, was little changed over the month but was 0.4 percentage point lower than in January 2019. Nonfarm payroll employment increased in 12 states in January 2020 and was essentially unchanged in 38 states and the District of Columbia.
Employment up by 467,000 in January 2022, down by 2.9 million since February 2020. Total nonfarm payroll employment increased by 467,000 in January 2022. Employment growth continued in leisure and hospitality, professional and business services, retail trade, and transportation and warehousing.
US Labor Force Participation Rate is at 62.40%, compared to 62.30% last month and 62.20% last year. This is lower than the long term average of 62.84%.
Nonfarm payrolls surged by 467,000 for the month, while the unemployment rate edged higher to 4%, ing to the Bureau of Labor Statistics. The Dow Jones estimate was for payroll growth of 150,000 and a 3.9% unemployment rate.
The U.S. economy added 372,000 jobs in June, a strong showing. Wages climbed 5.1 percent, a still-rapid pace as Fed awaits slowdown. The jobs report suggests the Biden economy is not in a recession. Markets react warily to the better-than-expected jobs report.
The U.S. Bureau of Labor Statistics (BLS) projects 0.7-percent annual growth in employment over the 202030 decade.

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