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: