The number of US workers on temporary layoff dropped 31% in June
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Before the coronavirus picked up, it was the American jobs market that was rebounding.
The US unemployment rate fell from 13.3% in May to 11.1% in June, still far off the low of 3.5% in March but better than forecast. Payrolls swelled by 4.8 million, and the number of workers on temporary layoff declined by almost 5 million, or 31%, to about 11 million.
Compared with May, when the number of workers on temporary layoff fell by just 15%, the June data suggests signs of recovery and that “workers are being recalled to their jobs in large numbers,” says Julia Pollak, a labor economist at ZipRecruiter.
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