COVID-19 Caused 3 New Hires for Every 10 Layoffs
Abstract: Reports about the economic fallout from the coronavirus pandemic and efforts to slow its spread make for grim reading. One especially grim statistic is the number of layoffs. Since early March, just over 28 million persons have filed new claims for unemployment insurance benefits (roughly 30 million if you seasonally adjust).
Description: Full Text
Provider: Federal Reserve Bank of Atlanta
Publication Date: 2020-05-01