The August rate is down from its April peak of 14.7 percent, but still remains far above the 3.5 percent recorded in February, before coronavirus shutdowns took hold.
Author: Megan Cassella
‘Not just a low-wage recession’: White-collar workers feel coronavirus squeeze
The drop in overall employment that white-collar industries have seen in five months is already on par with or worse than the hits they took during the Great Recession.