Laid-off workers are showing confidence they'll be rehired, says M_C_Klein
More than 33 million Americans have filed initial claims for unemployment benefits since the coronavirus started tanking the economy in mid-March, which means more than a fifth of the 150 million people in the workforce lost a job in the span of seven weeks. While 30% of those workers have since found new jobs, that still means there are more than 20 million jobless Americans.
A new report from the University of California’s California Policy Lab, however, suggests that many of the recent job losses are temporary and could... Subscribe or Sign In to continue reading.
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