- A truer picture of the employment situation is extracted from the Unemployment Insurance Weekly Claims (UIWC) report.
- Persons receiving some form of unemployment benefit account for 12.8% of the labor force, a 1.4 increase from last week's reported figure.
- Monitoring of the weekly insured unemployed could provide early indication of recovery from the Covid-19 crisis.
- The current UIWC indicates that the economic recovery from the Covid-19 crisis seems to have stalled.
For further details see:
Covid-19 Crisis - Stalled Economic Recovery: The iM-Weekly Unemployment Monitor: Update 11/2/2021