Chart showing how the coronavirus pandemic has hit the labor market - Business Insider

The Beveridge curve shows that the coronavirus pandemic has disrupted the US labor market.

As the US economy recovers, it's likely that the Beveridge curve will shift back more in line with the general trend — the same thing that happened during the Great Recession, Bunker said. One wonky chart called the Beveridge curve shows just how much the coronavirus pandemic has hit the US labor market.

Part of this is likely due to the high number of temporary layoffs the US is seeing from coronavirus pandemic lockdowns, Nick Bunker, an economist at Indeed, told Business Insider. During lockdowns, employers didn't post open positions to account for the workers they had to furlough or lay off. Instead, they waited for the economy to reopen so they could recall their workers with a simple phone call or text — something that happened to an extent in May,Renowned strategist Tom Lee nailed the market's 40% surge from its worst-ever crash. Here are 17 clobbered stocks he recommends for superior returns as the recovery gains steam.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside a $40 million estate on Miami's celebrity-studded Star Island - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Last sold 04/28/2011 for $25,500,000, annual taxes are $460k, overpriced and the payments will kill you before any thief will. BTW there is another house on the island going for $27.9M
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside the hospital at Javits Center, from Navy Reserve officer - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Microsoft expect 70 bln. Income from RAM OS cartridge Windows sales ( which increase stability and security of OS)
Source: BusinessInsider - 🏆 729. / 51 Read more »