These 6 charts break down the June jobs report, economic recovery - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

These 6 charts from the June jobs report show how much the economy has recovered — and how much further it has to go

The June report also marks the second month in a row that nonfarm payrolls have exceeded economists' expectations, showing just how swiftly the US economy has recovered since starting the reopening process. Economists had expected 3 million jobs added, and the unemployment rate to decline to 12.5% in June.

"June is a tale of two cities," Becky Frankiewicz, ManpowerGroup North America president, told Business Insider. Here are six charts from the June jobs report that show how much progress the US labor market has made so far, and how much further there is left to go before there's a full recovery. In addition, the misclassification error, which had likely weighed down the unemployment rate in previous months, "declined considerably in June," the BLS wrote in the report.

 

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

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

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

Inside the path to Dun & Bradstreet's $1.7 billion IPO - 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. Check out our article of a SoftBank company IPO tomorrow
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Montenegro's Aman Sveti Stefan, where the rich vacation - 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. For each virus headline, two more virus headlines grow. COVID19 is like the mythical monster Hydra. i stayed here back in 2018, it is amazing and worth every penny!!! 🥰🥰
Source: BusinessInsider - 🏆 729. / 51 Read more »