How Does High Unemployment Rate Affects Us?

On Friday, 8 May 2020, the U.S. Bureau of Labor Statistics reported that the unemployment rate in the U.S. soared to 14.7%, a high not seen since 1948, representing 23.1 million people unemployed. Unemployment rate was at 3.5% in February 2020 and 4.4% in March 2020 with 5.8 million and 7.1 million unemployed respectively. To … Continue reading How Does High Unemployment Rate Affects Us?