Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ 3 key swing countries have higher unemployment than the national average

3 key swing countries have higher unemployment than the national average



The president is heading election day with the highest registered unemployment rate since the beginning of the month’s follow-up in 1948.

Prior to the re-election of President Barack Obama in 2012, the country’s unemployment rate was initially reported at 7.9%, before being revised down to 7.8%.

But no matter who wins the election, the next administration will have to work hard to fix the country’s shaky labor market.

In September, the country still lost 10.7 million jobs compared to February – before Covid-19 hit and forced the country to be blocked.

After the worst job loss since the spring crisis, the unemployment rate has fallen rapidly ̵
1; and faster than economists had predicted. But in September, the decline was due in part to the unexpectedly high drop-out rate. This is especially true for women in their best working age between the ages of 35 and 44.

People who are no longer in the labor force are no longer actively looking for work, they are not accounted for in the unemployment rate in the country.

The number of individual states also strikes that the recovery remains uneven. For example, countries relying on the hotel and tourism business, such as Hawaii and Nevada, which have been hit hardest by the crisis, are still lagging behind. Unemployment in Hawaii in September was 15.1%, while in Nevada it was 12.6%, the two worst levels in the country.

Nebraska, meanwhile, has the lowest unemployment rate in the country at just 3.5 percent.


Source link