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Thread: Today’s #JobsReport shows a labor market that, despite improvements since April, remains devastated by the #COVID19 recession. #JobsDay
Here are six signs showing why.
cbpp.org/blog/6-signs-t…
Here are six signs showing why.
cbpp.org/blog/6-signs-t…
1. The jobs “hole” that opened in March & April remains huge.
Private payroll employment remains 10.7 million jobs below its February level & state & local government payrolls remain 1.1 million jobs below.
cbpp.org/blog/6-signs-t…
Private payroll employment remains 10.7 million jobs below its February level & state & local government payrolls remain 1.1 million jobs below.
cbpp.org/blog/6-signs-t…
2. State & local job losses, many in education, remain large due to budget cuts.
In April alone, more state & local workers were furloughed or laid off than in the Great Recession of a decade ago & its aftermath. #JobsDay
In April alone, more state & local workers were furloughed or laid off than in the Great Recession of a decade ago & its aftermath. #JobsDay
