What caused the unanticipated dip in US unemployment?

What caused the unanticipated dip in US unemployment?

Jun 12, 2020

174 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
    Hiring Secrets of The Most Successful Companies

    A successful company not only has growing revenues, but it also boasts of a brilliant workforce. Ma ...

    7 Signs That Tell You It’s Time to Quit Your Current Job

    Last year, about 4,478,000 workers, which is approximately 3% of the workforce in the US (besides t ...

    Here Is How to Answer These 5 Tricky HR Questions

    During an interview, you’re not only asked questions according to your credibility and qualificatio ...

    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 ...

    Show more news