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July 3, 2020

‘It’s all backwards-looking’: June’s positive jobs data obscures a grimmer reality

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Thursday’s jobless data failed to capture the latest devastation, economists say. Thursday’s monthly jobs numbers look great on paper: 4.8 million jobs were added in June as states reopened. But those numbers are a deceiving bump — with the resurgence of the virus and a fresh wave of shutdowns, the reality of the job market is …

‘It’s all backwards-looking’: June’s positive jobs data obscures a grimmer reality Read More »

Economy Gains 4.8 Million Jobs in June; Unemployment Declines to 11.1%

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The U.S. economy gained 4.8 million jobs in June, and the unemployment rate declined to 11.1%, according to figures released Thursday morning by the U.S. Bureau of Labor Statistics. The improvements reflect the continued resumption of economic activity that previously was curtailed because of the COVID-19 pandemic. Last month’s biggest job gains were in leisure and hospitality (+2.1 million), retail trade (740,000), …

Economy Gains 4.8 Million Jobs in June; Unemployment Declines to 11.1% Read More »

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Madeline Messa

Madeline Messa is a 3L at Syracuse University College of Law. She graduated from Penn State with a degree in journalism. With her legal research and writing for Workplace Fairness, she strives to equip people with the information they need to be their own best advocate.

  • “New York, NY”