Analysis: Don’t Expect Drop in Unemployment to Continue Past June
The decrease in joblessness in June was primarily driven by an increase in part-time workers who found new jobs and paid furloughed workers who went back to their old jobs, but the composition of the workers who are still unemployed means the U.S. is unlikely to see further improvements to the jobless rate, writes Morning Consult’s John Leer.
You May Also Like
TikTok’s Chinese parent is scrambling to hang on to its hit app
Sixty seconds of fame TikTok’s Chinese parent is scrambling to hang on…