Class of 2020 entering worst job market since Great Depression

  • 📰 CNN
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

National unemployment stands at a jaw-dropping 14.7%, but the rate rises to 25.7% for those aged 20-24, according to the Bureau of Labor Statistics. And that's before the potential workforce is boosted by those leaving college.

The Class of 2020 started its senior year in a boom time, with the national unemployment rate at a near-record low of 3.7%. But in the bust driven by the coronavirus, 4 million new graduates are now entering the worst jobs market since the Great Depression.

National unemployment stands at a jaw-dropping 14.7%, but the rate rises to 25.7% for those aged 20-24, according to the Bureau of Labor Statistics. And that's before the potential workforce is boosted by those leaving college.Even for those in Generation Z who do find work, research suggests their careers and earnings will be impacted for more than a decade.Cory Sanning wears his graduation cap and gown but there was no in-person ceremony for him.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Hey like Cuomo says: “Want to work? Get a job as an Essential Worker”. Don’t believe me? Check out Schindler’s List. The Jews made out like bandits....

Like this is a surprise. You turn the light switch off the economy and this is what happens, going to take time to get back on again.

We need someone with the intelligence, courage and humility of FDR.

Gonna need Trump in 2020 and beyond to rebuild the economy again, Trump2020 Dems disaster for economy

The numbers r really higher than that. There were a lot of people unemployed prior to the Wuhan hiccup.

The curve here is like Trump's failed businesses. Lie cheat steal, pump up the prospects, while borrowing to the hilt, scamming and skimming off the top, only to go belly up, due to bad management, and incompetence, getting away with millions & leaving others holding the bag

Spirit Savoir take care of your Spirits Spirit Protector protect your Spirits Lives matter movement Spirit King make your Spirit Strong brilliant than all lights in heaven the 🌳s grow before the 🌞🌟s and 🌙 at your command is brilliantly bright save your Spirits! Spirit Savoir.

Criminal news Network

Well I guess they should have majored in useable things not “gender studies” or some other nonsense

Corrupt News Network

Business Business Latest News, Business Business Headlines