Capitalize Financial
No Result
View All Result
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Real Estate
  • Cryptocurrency
Capitalize Financial
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Real Estate
  • Cryptocurrency
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Economy

U.S. employment likely accelerated in June as companies boost perks

by capitalizefinancial
July 2, 2021
in Economy
0

An In-N-Out Burger advertises for workers at their restaurants location in Encinitas, California, U.S., May 10, 2021. REUTERS/Mike Blake/File Photo

U.S. job growth likely picked up in June as companies, desperate to boost production and services amid booming demand, raised wages and offered incentives to lure millions of reluctant unemployed Americans back into the labor force.

The Labor Department’s closely watched employment report on Friday will likely show that the economy closed the second quarter with strong growth momentum, following a reopening made possible by vaccinations against COVID-19. More than 150 million people are fully immunized, leading to pandemic-related restrictions on businesses and mask mandates being lifted.

Despite the anticipated acceleration in hiring, employment gains would probably still be less than the million or more per month that economists and others had been forecasting at the beginning of the year. “There are jobs, but workers are not there,” said Sung Won Sohn, professor of finance and economics at Loyola Marymount University in Los Angeles.

The minimum pay workers will accept has risen significantly since the pandemic began, he said, “and many workers have an inflated view of what their skills are worth and as a result they are not willing to go back to work at the prevailing wage.”

Read more…

Previous Post

US hands Bagram Airfield to Afghans after nearly 20 years

Next Post

India May Have Quietly Shown Its Hand on Crypto Regulation

Next Post

India May Have Quietly Shown Its Hand on Crypto Regulation

Search…

No Result
View All Result

Subscribe Us

By clicking on Subscribe, I confirm that I have read and agree to the terms set forth in the Privacy Policy and Terms of Service including Capitalize Financial’s ability to use and share my information and Capitalize Financial, or third-party companies and business partners, may send me offers for products and services at the email address I have provided. I understand that my information may be supplemented with additional information obtained from other sources.

Recent News

Most say nation on wrong track, including Dems: AP-NORC poll

Peaky Blinders: The True Story Behind Alfie’s Uncle Charles Solomons

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • Georgia
  • health
  • Markets
  • Music
  • Politics
  • Real Estate
  • receipe
  • Science
  • science
  • Sports
  • Sports
  • Tech
  • Travel
  • World

Site Navigation

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe

Capitalize Financial, a news portal which provides the financial news global wide.

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe

© 2021 Capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • World
  • Economy
  • Business
  • Markets
  • Real Estate

© 2021 Capitalize Financial All Rights Reserved