Our Privacy Statment & Cookie Policy
All LSEG websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.
The June US unemployment report underlined how almost all of those who had lost their job reported being ‘on temporary layoff’. So far, unemployment among this group has dropped from 18m to 11m while the number of people who report being ‘permanently laid off’ has actually increased by 1.6m since February with a +600k number in June after +300k in May. The bottom line is that there is a high risk of these ‘temporary’ lay-offs becoming crystallised into permanent ones particularly as generous government income support programmes are tapered over the coming months.
Refresh this chart in your browser | Edit the chart in Datastream
This chart is taken from Fathom’s Recovery Watch newsletter. Click here to subscribe to Recovery Watch and Forums.
Next forum date: Monday 13 July 2020
__________________________________________________________________________________
Financial time series database which allows you to identify and examine trends, generate and test ideas and develop view points on the market.
Refinitiv offers the world’s most comprehensive historical database for numerical macroeconomic and cross-asset financial data which started in the 1950s and has grown into an indispensable resource for financial professionals. Find out more.
U.S. retail sales smashed expectations in March, with total sales (mkt +0.3% m/m) up ...
US inflation accelerated to 3.5% on an annual basis in March, up from 3.1% the previous ...
According to Fathom’s Global Outlook, Spring 2024, advanced economies will avoid ...
WASHINGTON, DC - The LSEG/Ipsos Primary Consumer Sentiment Index for April 2024 is ...