What caused the unanticipated dip in US unemployment?

What caused the unanticipated dip in US unemployment?

Jun 12, 2020

64 Views

0 comments

According to federal data released by the Bureau of Labor Statistics last Friday, there was a surprising dip in the unemployment rate, which dropped to 13.3 per cent in the month of May. While some were thrilled to hear this, claiming to be on the road to smooth recovery, some analysts have warned to reexamine the data which isn't as exciting as it seems. Besides unequal unemployment rates amidst people of color and white people, there is also the question of furloughed workers, millions of them may have been misclassified as employed when they should have been categorized as employed. Watch this video to get a better picture. 

Previous days news

Comments

    Others news
    Article
    Tips for Staffing Agencies to Create a Competitive Advantage

    Today, it is a $174 Billion industry and one of the leading B2B businesses in the US. Whenever HR p ...

    Millennials Care About These 8 Things at Their Workplace - Are Your Offering Those?

    Millennials are considered to be social people, who live by the ‘work hard play hard’ mantra and ar ...

    The Unionization Wave

    From the peak of the pandemic in 2020 through the Great Resignation wave, unionization has been a ...

    A complete breakdown of the US Commercial Drivers Licenses

    In the United States of America to operate any type of large automobile, you need a license. This i ...

    Show more news