The post-pandemic labour market’s long-term scars ...Qatar

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The post-pandemic labour market’s long-term scars
source : ٌRayaٌ news ( Qatar ) () 8
Thanks to the rapid deployment of vaccines, Covid-19 infections, hospitalisations, and deaths in the United States are declining, and pandemic restrictions on economic activity are being eased. But even with labour markets gradually improving, the economic recovery has been slow and uneven, and there is a long way to go.  According to the latest official figures, overall US employment is still down by about 9.5 million jobs from when the recession hit, and by nearly 12 million from its pre-pandemic trend. Unemployment, adjusted for the sharp drop in labour-force participation, is around 10%, and the rate is even higher for African-Americans, Hispanics, women, and the less educated, reflecti

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