“Prior to COVID, we would be delighted with the kind of job increase we are seeing but let’s remember that’s getting us back partly towards where we were prior to COVID,” said Gerry McCartney, CEO of the London Chamber of Commerce. Commenting on today's figures, Jack Kennedy, economist at global job site Indeed, said they indicate a further positive downward trend in the Covid-19 adjusted unemployment rate… That rate was the era’s second highest, trailing only the level reached in April (14.4%). About Pew Research Center Pew Research Center is a nonpartisan fact tank that informs the public about the issues, attitudes and trends shaping the world. Please read our Commenting Policy first. 1615 L St. NW, Suite 800Washington, DC 20036USA The COVID-19 recession, barely three months old, has had a sharp and severe impact on unemployment among American workers. The unemployment rate for black men previously topped 20% in the twin recessions of the early 1980s, when manufacturing employment also took a sharp dive. The option to telework varied considerably across workers in February depending on their education level, with those with a college degree six times as likely to have the option as those without a high school diploma, 62% vs. 9%. So far in the COVID-19 crisis, more than 7.2 million people have applied for emergency unemployment assistance. He said it will also be interesting to look at what happens at the end of the year when subsides like the Canada Emergency Response Benefit (CERB) no longer exist. But these workers are not included in the official measure of unemployment. It is a subsidiary of The Pew Charitable Trusts. 3Immigrants saw their unemployment rate jump higher than the rate for U.S.-born workers in the COVID-19 downturn, mirroring their experience in the Great Recession. These payments are due to expire next April. The unemployment rate among white women jumped nearly fivefold, climbing from 2.5% in February to 11.9% in May. Commenting on today's figures, Jack Kennedy, economist at global job site Indeed, said they indicate a further positive downward trend in the Covid-19 adjusted unemployment rate, which stood at 15.4%. To complete the subscription process, please click the link in the email we just sent you. In the second quarter, … Unemployment rate reaches 7-year high in London, St. Thomas. Companies are cutting hundreds of thousands of jobs as Covid-19 continues to hit the economy. The unemployment rate in Canada in April was 13%, up 5.2 percentage points on March, according to data from the country’s official statistics bureau.
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