‘Official’ unemployment data is not reflective of actual unemployment (COVID skew)(Updated)
The breaking news headline is Unemployment rate falls to 13.3%, US adds 2.5 million jobs: Economists had forecast that the government will report Friday that employers shed 8.5 million more jobs last month on top of 21.4 million lost in March and April. A figure that large would raise the total losses since the coronavirus … Read more
