The headline numbers for continued unemployment insurance claims that you often see on financial news don't take into account the many millions of people who are ineligible for traditional unemployment insurance and who instead receive money under the newly created federal programs. If you add these two figures, you get a more realistic picture of unemployment in America: 29 million people, or 18% of the labor force.
https://wolfstreet.com/2020/09/03/bi...rket-collapse/
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