Saturday, June 6, 2020

Optimistic U.S. unemployment figures under-reported due to misclassifications

Virus Outbreak California Jobs

U.S. unemployment dropped unexpectedly in May. But the Labour Department for the second straight month acknowledged making errors in counting the unemployed during the coronavirus outbreak, saying the real figure is worse than the numbers indicate.



source https://www.cbc.ca/news/world/job-figures-trump-labor-unemployment-misclassification-1.5601733?cmp=rss

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