College graduate starting salaries are at an all-time high despite the global pandemic, according to a recent report from the National Association of Colleges and Employers (NACE). Overall, the average starting salary for the college class of 2020 was $55,260, 2 percent higher than the starting salary of $53,889 for the class of 2019, according to…
College Graduate Starting Salaries at All-Time High Despite Pandemic: Report
September 2, 2021
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Millions of Americans Set to Lose Unemployment Benefits Next Week, No Signs of States Extending
Millions of Americans are set to lose their unemployment benefits as a Sept. 6 deadline approaches for an end to federal pandemic jobless aid programs, with dim prospects for any extensions in light of surging demand for workers and reports that states are not moving to extend them. Around 7.5 million Americans are set to…
Millions of Americans Set to Lose Pandemic Unemployment Benefits Next Week, No Signs of States Extending
Millions of Americans are set to lose their federal pandemic unemployment benefits as a Sept. 6 deadline approaches for an end to the emergency programs, with dim prospects for any extensions in light of surging demand for workers and reports that states are not moving to extend them. Around 7.5 million Americans are set to…
What’s Behind Beijing’s Crackdown on China’s Tutoring Industry?
Commentary On July 24, Chinese Communist Party (CCP) leader Xi Jinping banned for-profit tutoring on core school subjects. I believe that such a move is related to the CCP’s strategic plan for China’s future education. Since the Mao Zedong era, the CCP has been fully aware that education pertains to its future successors. There are different views on…
Number of Americans Filing for Unemployment Edges Up After 4 Weeks of Declines
The number of American workers filing for unemployment edged up last week following four consecutive weeks of declines, as the labor market continues along its bumpy road to recovery. First-time filings for unemployment insurance, a proxy for layoffs, came in at 353,000 for the week ending Aug. 21, a rise of 4,000 from the previous…
There’s More to Beijing’s Crackdown on Tutoring Industry
Commentary On July 24, Chinese Communist Party (CCP) leader Xi Jinping banned for-profit tutoring on core school subjects. In my opinion, the curb on for-profit tutoring is related to the CCP’s strategic plan for China’s future education. The CCP has been fully aware that education pertains to its future successors since the Mao Zedong era. There…
Weekly Jobless Claims Fall to Pandemic-Era Low
The number of American workers filing for unemployment fell to a pandemic-era low last week, adding to evidence of continued labor market recovery. First-time filings for unemployment insurance, a proxy for layoffs, came in at 348,000 for the week ending Aug. 14, a drop of 29,000 from the previous week’s revised level of 377,000, the…
Number of US Workers Filing Weekly Unemployment Claims Falls
The number of Americans filing for unemployment fell last week to near a pandemic-era low in a sign of ongoing labor market recovery. Initial filings for unemployment insurance, a proxy for layoffs, came in at 375,000 for the week ending Aug. 7, a drop of 12,000 over the previous week’s revised level of 387,000, the…
American Employers Added 943,000 Jobs in July
America’s private employers in July added 943,000 jobs—a proxy for new hires—in a sign that the U.S. economy enjoyed a solid burst of job growth as the labor market recovery continues. The Labor Department’s jobs report, released Friday, shows that nonfarm payroll employment rose by 943,000 in July, topping the 850,000 jobs U.S. employers added in June….
Unemployment Claims Fall to New Pandemic-Era Low But Remain Historically High
The brisk economic recovery has driven down the number of American workers seeking unemployment benefits, which last week fell to a pandemic-era low of 385,000, although the number remains historically elevated. Initial filings for unemployment insurance, a proxy for layoffs, came in at 385,000 for the week ended July 31, a drop of 14,000 over…
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