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The outbreak of the COVID-19 pandemic has had a deep impact on the rate of unemployment in the United States. The World Economic Forum predicts a possible rise in the unemployment rate to 20%, a figure unseen since the Great Depression. [76]
As a result, while aggregate hours worked decreased by around 15% in the United States and the European Union, unemployment increased significantly in the United States. However, in the United States, most firms that implemented digital technology were better able to avert worker reductions than non-digital firms. [22] [23] [24] [25]
The COVID-19 pandemic has brought initial unemployment claims to 38.6 million in just nine weeks, according to the latest data from the U.S. Department of Labor — shattering historic highs ...
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
The number of Americans forced out of work by the coronavirus pandemic has continued to climb, with another 4.4 million workers filing for unemployment benefits last week. The latest figure ...
A massive loss of working-age people in the state in the wake of the Covid-19 pandemic, and its slow recovery since, is the key reason behind the state’s ultra-low unemployment rate.
The COVID-19 pandemic ranks as the deadliest disaster in the country's history. [43] It was the third-leading cause of death in the U.S. in 2020, behind heart disease and cancer. [ 44 ] From 2019 to 2020, U.S. life expectancy dropped by three years for Hispanic and Latino Americans , 2.9 years for African Americans , and 1.2 years for white ...
Another 3 million Americans filed for unemployment benefits last week, raising the number of people forced out of work by the coronavirus pandemic to over 36 million. The devastating report ...