An Honest Look at Unemployment Numbers

An Honest Look at Unemployment Numbers | MyKCM

It’s important to Look at Unemployment Numbers, There’s no doubt that millions of households have been – and continue to be – devastated by the economic downturn caused by the pandemic. Let’s take a close Look at Unemployment Numbers and other useful information:

Last Friday, the Bureau of Labor Statistics released the November Jobs Report. It revealed that, though headed in the right direction, the nation’s job recovery has slowed.

We currently stand is much better than where most experts thought we would be at this time.

With the announcement that vaccines should be available soon, we’re not far from the most damaged segments of the economy gaining momentum again.

Jeff Sparshott of the Wall Street Journal recently wrote:

“Even with signs of a recent slowdown, the labor-market recovery since this spring has been stronger than most economists expected. Many now project widespread vaccine distribution will eventually help lift the economy further as businesses are allowed to reopen and consumers feel more comfortable traveling, going to the movies.”

Bottom Line

Though millions of Americans are still out of work, the situation was forecasted to be even direr than it is today. Once a vaccine becomes available, the economy should complete its comeback, and so should the labor market.

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© 2021 · ADRIAN GARZA-DELGADO
TREC LIC. NO. 638099

© 2021 ADRIAN GARZA-DELGADO
TREC LIC. NO. 638099

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SAN ANTONIO TX 78258 USA

19179 BLANCO RD. SUITE 105-445
SAN ANTONIO TX 78258 USA

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