The Economic Pain That the Unemployment Rate Leaves Out (27% Adjusted Unemployment Rate)… American Business bankruptcies Rose 48 Percent in May
https://www.nytimes.com/interactive/2020/06/05/upshot/what-the-pandemic-unemployment-rate-leaves-out.html The Department of Labor announced Friday that with a “limited resumption of economic activity,” 13.3 percent of Americans were unemployed in May. Though still high by historical standards, that’s down from 14.7 percent in April, and a pleasant surprise …