Sunday, September 6, 2020

Unemployment Falling Below 10%

This article reflect and gives some insight into the new unemployment numbers that were released on Friday. Based on the article the new unemployment numbers being under 10% is very surprising especially since it fell to 8.4%. Some economist believe the worst is still yet to come with August showing the lowest job growth since the pandemic started. I think we’re still in the stage of people who were let go for the time being now being rehired to go back to work. I also found the use of the term under employment interesting because some people might be counted as employed but they are not up to their prior pandemic hours. I also found this article interesting based on another student's post about "shecession". This article does not break down how unemployment fell based on gender but I know her article mentioned how unemployment effects women more than men. I am still curious if women or men are finding better success early on to getting back to work.


https://www.google.com/amp/s/www.bbc.com/news/amp/business-54029361

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