The following is a PDF file showing unemployment data through 04/23/20
https://www.dol.gov/ui/data.pdf
Please take a moment to review it.
Please read the following articles:
- https://www.cnn.com/2020/04/23/economy/unemployment-benefits-coronavirus/index.html
- https://www.vox.com/covid-19-coronavirus-economy-recession-stockmarket/2020/4/25/21236595/unemployment-benefits-71-percent-didnt-recieve-coronavirus-layoffs
The following article also provides additional insights: https://www.dol.gov/general/topic/statistics/employment
Please comment on the following: - Summarize your findings on the current state of unemployment.
- As a business owner, handling your own HR and employees, if you had to close during Covid-19 stay at
home orders, what plans would you have to begin bringing employees back on the job? All at once or in
increments and how would you decide? - Would have chosen to furlough employees or lay off employees? Describe the difference between both and
provide a rationale for your decision
Preferred language style US English