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Author Topic: Unemployment In the U.S. is Really 35.7%  (Read 191 times)

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Offline RomanCatholic1953

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Unemployment In the U.S. is Really 35.7%
« on: May 10, 2020, 09:48:57 PM »
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  • Unemployment Is Really 35.7%
    May 9, 2020 in News by RBN Staff


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    source: www.investmentwatchblog.com
     
    by Jim Quinn
    HEADLINES: PANDEMIC-DEEPENED RECESSION HAS HAD ITS EMPLOYMENT COLLAPSE AND INITIAL GDP CONTRACTION – April 2020 U.3 Unemployment Rate Really Was 19.5% per Bureau of Labor Statistics, Where the Reported “Headline” 14.7% U.3. Reflected Survey and Classification Errors That Were Disclosed but Not Corrected, for a Second Month /
    Headline 14.7% Was the Highest Unemployment Rate in the History of Series (Since 1948) /
    April 2020 Payroll Plunge of 20.5 (-20.5) Million Was Worst in the History of the Series (Since 1939)


     
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