Here are the 10 countries with the highest rates of unemployment: Senegal (48.00%) Haiti (40.60%) Kenya (40.00%) Djibouti (40.00%) Republic Of The Congo (36.00%) Marshall Islands (36.00%) Namibia (34.00%) Kiribati (30.60%)
Job market remains tight in 2019, as the unemployment rate falls to its lowest level since 1969. The U.S. labor market remained strong in 2019, as the unemployment rate fell to 3.5 percent , the lowest rate since 1969.
Here is a look at the worst states in which to be unemployed . Atlantic City-Hammonton, NJ. El Centro, CA. Ocean City, NJ. Kahului-Wailuku-Lahaina, HI. Barnstable Town, MA. Yuma, AZ. East Stroudsburg, PA. Las Vegas-Henderson-Paradise, NV.
In response, Trump signed the $2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES) on March 27, 2020 which helped maintain family incomes and savings during the crisis, but contributed to a $3.1 trillion budget deficit (14.9% GDP) for fiscal year 2020, the largest since 1945 relative to the size of
There are currently 21 million unemployed Americans but roughly 30 million Americans collecting unemployment benefits.
The US unemployment rate has fallen to a 50 – year low , possibly easing recession worries after recent weak economic data. The Labor Department figures showed that the rate fell to 3.5% in September from 3.7%, with the economy adding 136,000 jobs last month.
Low unemployment is usually regarded as a positive sign for the economy. A very low a rate of unemployment , however, can have negative consequences, such as inflation and reduced productivity.
The American economy plunged deeper into crisis last month, losing 20.5 million jobs as the unemployment rate jumped to 14.7 percent, the worst devastation since the Great Depression. Areas like leisure and hospitality had the biggest losses in April, but even health care shed more than a million jobs.