Fri. Nov 8th, 2024

The US unemployment rate slips to 13% as hiring resumes

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The global pandemic led to the shutdown of the global economy and the United State of America known to be the strongest economy in the world was also affected by the global shutdown of economies.

America was highly affected by more than 100 thousand deaths and over a million infected rates of COVID-19 (19) patients. It was really devastating, as if that is not all, a lot of jobs were lost too, and the country was faced with so much breakdown in all areas.

While jobs were lost, the death of George Floyd also led to another destructive moment which left the already battered United State of America to become a home of unequaled protests as never seen in the entire world.

But the country is seeing some economic changes as the unemployment rates are not as bad as it was, since the reopening of its economy 13% of the job losses have been reemployed as works resume.

Hopefully, the country is expected to see a surge in job employment.

Ayooluwa Joshua

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