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In a paper published in early May 2020, the Urban Institute estimated that about 25 million people would lose their employer-provided health insurance if the unemployment rate were to rise to 20%. Of these, they speculated, 12 million would obtain Medicaid coverage, 6 million would find coverage privately, and 7 million would become uninsured.
On May 8, 2020, the Bureau of Labor Statistics reported that 20.5 million nonfarm jobs were lost and the unemployment rate rose to 14.7 percent in April, due to the Coronavirus pandemic in the United States.
Regarding unemployment, Switzerland saw a moderate rise in its unemployment rate during the pandemic. The unemployment rate remained relatively stable through early 2020, but by the end of the year, it increased from 4.4% in February 2020 to 5.1% in December 2020, reflecting the economic challenges posed by the crisis. [373] The unemployment ...
The Bureau of Labor Statistics (BLS) reported last month that the national August 2020 unemployment rate was 8.4%. ... record spike in April as a result of the COVID-19 pandemic. The Bureau of ...
More than half of unemployment insurance recipients whose 2020 earnings dropped by 10% or more ... the pandemic unemployment benefits also were higher. ... The median replacement rate was 103% in ...
The U.S. Department of Labor released its weekly jobless claims report at 8:30 a.m. ET Thursday.
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
A viral social media post claims some states have high unemployment rates because they’re run by Democratic governors. That is missing context. Fact check: State unemployment rates impacted by ...