We've Found The Epicenter Of Unemployment.
Each Thursday morning, promptly at 8:30 am eastern time, the US Department of Labor dutifully reports the latest numbers on initial and continuing claims for unemployment. This is an eagerly anticipated report coming out of Washington. As it is the best measure of the direction of the labor markets, a key component of the economy.
Labor has also been a critical focus of the real hardship imposed by the Covid Pandemic. What we are experiencing now, is no less than the greatest crisis for labor since the Great Depression of nearly a century ago.
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