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This week jobless claims were at their lowest since 1968. What’s the economic downside of too few people looking for work?
A hot job market continues to seek out teenagers. But will that hurt their academics and long-term job prospects?
Economists point to structural racism and a lack of access to training and transportation among the factors.
But it could take more than a year to get back to pre-pandemic levels.
Employers added 916,000 jobs in March and the unemployment rate fell to 6% as vaccination spreads and the economy reopens.
Three economists share statistics that depict the depth and length of the COVID-19 recession.
Fed Chair Jerome Powell and Treasury Secretary Janet Yellen peg the actual unemployment rate at around 10%, higher than the official 6.3%.
The tepid increase followed a decline of 227,000 jobs in December, the first loss since April.
The latest COVID relief package will have a positive effect on the economy as soon as this month.
No state lets people stay on unemployment benefits for more than 26 weeks.