Fed’s Loretta Mester: The Resilience of the Job Market in the Face of Rising Unemployment
Interesting facts about unemployment in the US 1. According to the US Bureau of Labor Statistics, the national unemployment rate rose dramatically from 4.4 percent in February 2020 to 14.7 percent in April 2020 due to the economic impact of the COVID-19 pandemic. 2. Individuals between ages 16 and 24 experienced the highest unemployment rate…