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As of 2022, the unemployment rate reached its pre-pandemic levels - nevertheless, in many key aspects and industries, the U.S. economy has not completely recovered from the COVID-19 pandemic. A growing digital gap emerged in the United States following the pandemic, despite non-digital enterprises being more dynamic than in the European Union .
US unemployment rate Illinois counties by GDP in 2021 (chained 2012 US$) The economy of Illinois is the fifth largest by GDP in the United States and one of the most diversified economies in the world. [ 7 ]
The COVID-19 pandemic led to a massive drop in persons in the labor force. According to Pew Research Center, from February 2020 to February 2021 an estimated 4.2 million people left the labor force because of COVID-19, 2.4 million of which were women. [47] [48] As a result, women's participation in the labor force was at a 30-year low. [49]
The number of Americans forced out of work by the coronavirus pandemic has continued to climb, with another 4.4 million workers filing for unemployment benefits last week. The latest figure ...
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The U.S. economy shed 20.5 million jobs in April, and the unemployment rate rose to 14.7%, a government report Friday showed. The true unemployment rate may be closer to 19.5%, the government said ...
Unemployment rates historically are lower for those groups with higher levels of education. For example, in May 2016 the unemployment rate for workers over 25 years of age was 2.5% for college graduates, 5.1% for those with a high school diploma, and 7.1% for those without a high school diploma.
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