26 min

How Unemployment and Inequality Go Hand in Hand Things Have Changed

    • Careers

In April of this year, at the peak of the pandemic, the unemployment rates hit a historic 14.7%, which was a post WWII high! Since then, the unemployment rate has decreased but that doesn't paint the full picture. In the turn of the year, there were 965,000 claims filed for unemployment insurance. After the new jobs report came out, we learned that 140,000 jobs were lost in the month of December. But economists agree that 2021 will look better.Disparity in the DetailsIf we dig deeper in...

In April of this year, at the peak of the pandemic, the unemployment rates hit a historic 14.7%, which was a post WWII high! Since then, the unemployment rate has decreased but that doesn't paint the full picture. In the turn of the year, there were 965,000 claims filed for unemployment insurance. After the new jobs report came out, we learned that 140,000 jobs were lost in the month of December. But economists agree that 2021 will look better.Disparity in the DetailsIf we dig deeper in...

26 min