The issues that the Bureau of Labor. Posted: June 18, 2020 12:28 PM. The total number of weekly hours worked in the three months to April 2020 was 959.9 million, down a record 94.2 million (8.9%) hours on the previous year. The unemployment rate for May was calculated in … It's down from the 22.8% rate in April. Unemployment by Country The unemployment rate is defined as the percentage of … The UK unemployment rate was at 3.9 percent in the three months to April 2020, the same as in the previous period and below market expectations of 4.7 percent, as the government Coronavirus Job Retention Scheme helped funding employees wages during lockdown. Economists had, on average, expected the unemployment rate to jump to 7.0 per cent, with about 100,000 jobs lost in the month. CityWatch New York City hit peak pandemic unemployment last month, as the jobless rate reached 18.3% Published: June 19, 2020 at 5:42 p.m. The unemployment rate dropped to 11.1%, from 13.3% in May. The number of people out of work fell by 8,000 to 1.34 million, while the number of employed people rose by 6,000 to 32.99 million. The Federal Reserve expects the U.S. unemployment rate to still be more than 9% by the end of 2020. Bureau of Labor Statistics News Release; State Rates 2009-2017 Matthew Rozsa June 18, 2020 10:19PM (UTC) A new report from the Department of Labor reveals that roughly 1.5 million workers applied for unemployment benefits last …
The .gov means it's official. The unemployment rate rose to a seasonally-adjusted 7.1 per cent in May, with 227,700 jobs … by Associated Press. Before sharing sensitive information, make sure you're on a federal government site. New York City’s unemployment rate surged to 18.3% in May, from 15% in April 2020 and 4.1% in May 2019, according to preliminary data from the state labor department. ET June 18, 2020 | Updated 5:15 p.m. While steep, the unemployment rate masks the extent of the impact of coronavirus, given the ABS data's focus on including people looking for work. The US unemployment rate dropped to 11.1 percent in June 2020, easing further from an all-time high of 14.7 percent reached in April and remaining below market expectations of 12.3 percent, as many people returned to the labor market following weeks of coronavirus-induced restrictions. PUBLISHED: June 18, 2020 at 11:52 a.m. | UPDATED: June 18, 2020 at 4:41 p.m. Sign up for Newsletters and Alerts.
The national unemployment rate rose by 10.3 percentage points over the month to 14.7 percent and was 11.1 points higher than in April 2019. June 18, 2020 at 12:17 PM EDT An additional 1.5 million workers filed for unemployment insurance for the first time last week, a drop of just 58,000 claims from the week before. The real unemployment rate (U-6) is a broader definition of unemployment than the official unemployment rate (U-3). Unemployment Rate Fell in June Employers added 4.8 million jobs last month, but unemployment claims remained nearly steady last week as coronavirus cases rose nationwide. Claire Hansen July 2, 2020 State unemployment rates for May 2020 will be released in June 2020. Updated: June 18, 2020 1:47 PM. In June 2020, the veteran unemployment rate was 8.8%, down from 9.1% last month. June 18, 2020 Share on Facebook Share on Twitter Share on Linkedin Share on Pinterest Minnesota’s seasonally adjusted unemployment rate rose to 9.9% in May according to numbers released today by the Minnesota Department of Employment and Economic Development. That's almost as bad as the 25% rate during the Great Depression. Australian Associated Press June 18, 2020 2:38pm. ET In June 2020, it was 18%. Some of those jobs have come back as many states began to reopen, but the Federal Reserve still expects the unemployment rate to sit at 9.3 percent by … ET June 18, 2020 CLOSE Millions of Americans have filed for unemployment … The unemployment rate declined from 14.7% … Historically, we have referenced the non-seasonally adjusted unemployment rate for veterans. The Fed expects the unemployment rate to be around 9.3% by the end of the year, a sharp drop but still two and half times as high as the 3.5% rate recorded in February. The UK unemployment rate for the three months to April 2020 was estimated at 3.9%, 0.1 percentage points higher than a year earlier but largely unchanged on the previous quarter. Adrienne Roberts, Detroit Free Press Published 8:56 a.m. Federal government websites often end in .gov or .mil. Veteran Unemployment Rate 8.8% in June. The comparable non-veteran unemployment rate was 11.1% in June. PUBLISHED: June 18, 2020 at 1:49 p.m. | UPDATED: June 18, 2020 at 1:49 p.m. By CHRISTOPHER RUGABER. ICYMI: Seasonally and Non-Seasonally Adjusted Data.
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