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| Name | COVID-19: Who is unemployed? The unemployment rate, explained | Just the FAQs |
| Video Uploader | Video From USA TODAY |
| Upload Date | This Video Uploaded At 30-11-2020 14:56:52 |
| Video Discription | Job loss numbers skyrocketed during the COVID-19 pandemic, but not everyone was counted as unemployed. Here's how the unemployment rate is measured. RELATED: https://bit.ly/3q0e1Po WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week to 778,000, evidence that the U.S. economy and job market remain under strain as coronavirus cases surge and colder weather heighten the risks. The Labor Department's report Wednesday said jobless claims climbed from 748,000 the week before. Before the virus struck hard in mid-March, weekly claims typically amounted to roughly 225,000. They shot up to 6.9 million during one week in March before dropping yet remain historically high more than eight months later, with many businesses unable to fully reopen. The number of people who are continuing to receive traditional unemployment benefits is now 6.1 million, up from fewer than 1.7 million a year ago. Still, that figure had been declining for months. It shows that more Americans are finding jobs and no longer receiving unemployment aid. But it also indicates that many jobless people have used up their state unemployment aid — which typically expires after six months — and have transitioned to a federal extended benefits program that lasts 13 more weeks. » Subscribe to USA TODAY: http://bit.ly/1xa3XAh » Watch more on this and other topics from USA TODAY: https://bit.ly/2JeD6ph » USA TODAY delivers current local and national news, sports, entertainment, finance, technology, and more through award-winning journalism, photos, videos and VR. #unemployment #justthefaqs #usatoday |
| Category | News & Politics |
| Tags | usa today | usa today news | just the faqs | covid unemployment | covid unemployment update | covid unemployment usa | unemployment benefits | unemployment stimulus | us unemployment rate 2020 | lowest unemployment rate in us | covid news | covid updates |
