Unemployment rate is higher than officially recorded, more so for women and certain other groups

Posted on AllSides August 12th, 2020
PRC
DATA

The COVID-19 outbreak has presented a unique set of measurement challenges for statistical agencies. Most recently, the Bureau of Labor Statistics (BLS) reported that the U.S. unemployment rate stood at 13% in May 2020, nonseasonally adjusted. At the same time, the bureau noted that the rate may have been as high as 16% if not for an error in the classification of the employment status of certain workers. Many workers not at work due to COVID-19-related business closures were classified as “employed but absent from work” instead of “unemployed on...

Read full story

AllSides Media Bias Rating:
106309/83986
See full bias rating for
Learn about media bias
https://www.pewresearch.org/fact-tank/2020/06/30/unemployment-rate-is-higher-than-officially-recorded-more-so-for-women-and-certain-other-groups/

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right