How Many People Are Now Covered by Unemployment Insurance?

Link: https://mishtalk.com/economics/how-many-people-are-now-covered-by-unemployment-insurance

Graphic:

Excerpt:

In April of 2020, there were 145.67 million people covered by unemployment insurance but only 133.33 million people working. 

This unusual inversion had never happened before. It lasted 4 months, April through June of 2020.

Covered Employment data is weekly, ending Saturday and lags by a week. I use a “monthly average” which run through July vs the employment level series which runs through August.

Author(s): Mike Shedlock

Publication Date: 6 September 2021

Publication Site: Mish Talk