April Unemployment Rates by Educational Attainment
The unemployment rate jumped to 14.7 percent in April. But even this painful figure is an underestimate of the actual level of unemployment. Here's why: a number of interviewers misclassified those who were unemployed due to the coronavirus pandemic as employed but absent from work. Adding the misclassified workers onto the unemployment rolls would have increased the April unemployment rate by nearly 5 percentage points.
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April Unemployment Rates by Educational Attainment
The unemployment rate jumped to 14.7 percent in April. But even this painful figure is an underestimate of the actual level of unemployment. Here's why: a number of interviewers misclassified those who were unemployed due to the coronavirus pandemic as employed but absent from work. Adding the misclassified workers onto the unemployment rolls would have increased the April unemployment rate by nearly 5 percentage points.
Read more »
Member Only Access
April Unemployment Rates by Educational Attainment
The unemployment rate jumped to 14.7 percent in April. But even this painful figure is an underestimate of the actual level of unemployment. Here's why: a number of interviewers misclassified those who were unemployed due to the coronavirus pandemic as employed but absent from work. Adding the misclassified workers onto the unemployment rolls would have increased the April unemployment rate by nearly 5 percentage points.
Read more »
Member Only Access
April Unemployment Rates by Educational Attainment
The unemployment rate jumped to 14.7 percent in April. But even this painful figure is an underestimate of the actual level of unemployment. Here's why: a number of interviewers misclassified those who were unemployed due to the coronavirus pandemic as employed but absent from work. Adding the misclassified workers onto the unemployment rolls would have increased the April unemployment rate by nearly 5 percentage points.
Read more »
Member Only Access