Unemployment in the US in 2023

14,681,336

Actual Unemployed

25,108,862

—part-time workers (Part-Time Workers)

Unemployment in the US

According to official data, the current unemployment rate in the US is about 5%. However, these figures reflect only the number of those who applied to the employment service, currently attending interviews, undergoing training, internships and are currently not officially employed.

Meanwhile, speaking at the At one of the events of the Economic Club of New York, the Chairman of the Federal Reserve System, Jerome Powell, considered it his duty to note that the real number of people who, for one reason or another, cannot find a job is almost twice as much.

And this is due to the coronavirus epidemic, due to the invasion of which the number of jobs in the United States has sharply decreased by 10 million. Low-wage workers were the first to be hit.

The Federal Bureau of Labor Statistics estimates do not take into account the millions of people who have lost their jobs due to the pandemic, as well as misclassified federal data

Underemployment in the United States

The figures shown reflect the official statistics on the number of workers who receive wages based on the number of hours worked, which is less than 35 per week.

Rate article

Christopher Reeves is a knowledgeable and experienced economist with a deep understanding of the US economy and government spending.

USDebtClok.net
Add a comment

Adblock
detector