Week 13 of the U.S. Labor Market Collapse: Week 3 of Recovery at Snail’s Pace Amid Data Chaos
29.2 million people still claim unemployment insurance, gig workers 1/3 of total. Some states still not processing claims under federal programs. My “Reasonable Approximation” for the Unemployment Rate. By Wolf Richter for WOLF STREET. The unemployment crisis – by far the worst since this type of data has been tracked – stopped getting worse in May and has lessened … Read more