Brace for another grim (but maybe not as grim) jobless claims number
Jobless claims are increasing at a rapid pace. Alex Bick, associate professor of economics, shares his research behind the unemployment rates.
Jobless claims are increasing at a rapid pace. Alex Bick, associate professor of economics, shares the data and research behind the unemployment rates.
In this story published April 16, 2020, on Politico:
Two professors, Alex Bick and Adam Blandin, have replicated the employment report for the period March 29-April 4, and they find an unemployment rate of 20.2% in April and a decline in nonfarm payrolls of 24 million jobs. You can prepare all you want. If that kind of number hits, it will still blow us all away.
Latest news
- Bigger baskets or smaller margins? What scan-and-go really means for retailers
New research finds that in-store scanning apps drive more spending on big-ticket goods but cut…
- Leading the movement to fix fast fashion
As a college student, Jennifer Hyman founded a clothing rental service that reimagined how…
- U.S. Department of Labor warns shortages could drive up food prices
Labor shortages could lead to a 10% increase in food prices, explains a W. P.