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iM Update* – June 19, 2020
Posted in pmp paid update
Covid-19 Recession — No Sign of a Recovery: The iM-Weekly Unemployment Monitor
- A truer picture of the employment situation is extracted from the Unemployment Insurance Weekly Claims (UIWC) report.
- Persons receiving some form of unemployment benefit account for 18.6% of the labor force and not 13.3% – the official unemployment rate.
- Monitoring of the weekly insured unemployed can provide early indication of recovery from the Covid-19 crisis.
- No meaningful economic recovery is identified from the current UIWC report.
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