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Day: May 15, 2020

10 Things to Understand About the Unemployment Rate in America

Posted on May 15, 2020December 27, 2020

The unemployment rate in America has spiked due to the COVID-19 (coronavirus) pandemic and the measures taken to slow its spread. Officially, the unemployment rate in America is 14.9%. However, some economists estimate that it may be as high as 23.6% once freelancers, independent contractors, and gig workers are included in the calculation. This rate…

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