Unemployment fell by more than a full point throughout much of the Bay Area between September and October, according to monthly data from California’s Economic Department.
unemployment
The hunt: More competition and fewer jobs add up to more stress for the unemployed
Job hunting in a pandemic is no picnic.
The share of long-term unemployment is rising
According to the Labor Department’s October jobs report, the number of people who are considered long-term unemployed, or jobless for 27 weeks or longer, increased by 1.2 million to a total of 3.6 million people that month. Roughly one-third of unemployed individuals have remained out of work since the early stages of the pandemic.
Biden inherits a battered economy with 10 million still unemployed
“The labor market won’t be recovered for years. We still have a significant hole to dig ourselves out of,” one analyst said
In data: how startups are tipped to fuel a post-pandemic jobs surge
