Business Standard

World Coronavirus Dispatch: Employment drops sharply in the US this month

From Italy's extra spending to boost the economy to China aiding Latin America and Caribbean in getting vaccine access

oxford, vaccine trials, coronavirus, covid-19
Premium

Yuvraj Malik New Delhi
The US labor market’s rebound is increasingly at risk after a survey showed employment dropping sharply this month. The number of employed Americans declined by about 6.7 million from mid-June through mid-July, including a 4.1 million plunge from the first to the second week of July, according to the Census Bureau’s weekly Household Pulse Survey published Wednesday.

The figures add to signs of a worsening employment picture as a coronavirus surge across the South and West forces officials to pause or reverse re-openings, while business closings multiply. Read more here

Let’s look at the global statistics: 
   

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in