Unemployment rate is higher than officially recorded, more so for women and certain other groups
The official U.S. unemployment rate understated the situation for women, Asian Americans, immigrants and workers without a bachelor’s degree.
Economic Conditions
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Economic Conditions
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Unemployment rose higher in three months of COVID-19 than it did in two years of the Great Recession
The experiences of several groups of workers in the COVID-19 outbreak vary notably from how they experienced the Great Recession.
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A majority of Americans say immigrants mostly fill jobs U.S. citizens do not want
About three-quarters of U.S. adults say undocumented immigrants mostly fill jobs U.S. citizens do not want.
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Hispanic women, immigrants, young adults, those with less education hit hardest by COVID-19 job losses
The drop in employment in three months of the COVID-19 recession is more than double the drop effected by the Great Recession over two years.
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Majority of Americans who lost a job or wages due to COVID-19 concerned states will reopen too quickly
68% of those who have lost jobs or taken a pay cut due to COVID-19 are concerned that state governments will lift restrictions too quickly.
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Telework may save U.S. jobs in COVID-19 downturn, especially among college graduates
90% of the decrease in employment between February and March arose from positions that could not be teleworked.
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Coronavirus downturn likely to add to high government debt in some countries
For some governments, the debt incurred on COVID-19 relief will add to the considerable red ink already on their ledgers before the pandemic.
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Not all unemployed people get unemployment benefits; in some states, very few do
Despite some broad federal guidelines, claimants still face a hodgepodge of different state rules governing how they can qualify for benefits.
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About Half of Lower-Income Americans Report Household Job or Wage Loss Due to COVID-19
Only 23% say they have emergency funds that would last them three months.
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U.S. Latinos among hardest hit by pay cuts, job losses due to coronavirus
Around half of Hispanics say they or someone in their household has taken a pay cut or lost a job – or both – because of the COVID-19 outbreak.
