Friday May 8 saw the release of the most disastrous monthly jobs report in American economic history. In its monthly Employment Situation released last Friday, the U.S. Bureau of Labor Statistics reported:
Payroll employment levels declined by 20.5 million between mid-March when the COVID-19 lockdowns began in earnest and mid-April—a decline that is more than two orders of magnitude greater...
Unemployment for college graduates is at its lowest point in over a decade at just 2.1%, compared with 3.7% for those with a high school diploma, according to October 2019 figures from the Bureau of Labor Statistics. But a familiar tale of frustration simmers below the surface of these seemingly positive numbers. College graduates report difficulties in finding jobs that correspond to their level ...
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