Is the Unemployment Rate a Good Measure of People Currently Out of Work?
Update #2, June 12, 2020: Following the release of the latest Current Population Survey estimates and related micro data, we are able to calculate the U-Cov rate for May, which was 27.6% (not…
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What’s Happening With Unemployment? Unfortunately, It’s Pretty Hard To Tell.
We all know the unemployment rate is very high. Overall nearly 40 million Americans have filed for unemployment this yea r (roughly 1/4 of t

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