Banks in TurmoilTake our Econ 101 Crash CourseThe Uncertain HourI've Always Wondered ...

Loading...

0:00
0% played
Stories Tagged as

Unemployment report

COVID & Unemployment

Omicron’s peak coincided with key week for jobs data

by Matt Levin
Feb 2, 2022
The Bureau of Labor Statistics' "reference week," used to calculate employment, included Jan. 12 — when omicron was at its worst.
Because people working in leisure and hospitality are less likely to receive paid sick time, they wouldn't show up on January payrolls if they were out sick with omicron during its peak.
Eric Baradat/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE