Embed sentence in the Job Report 2020 in a few clicks

Aug 6th, 2022
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How to embed sentence in the Job Report 2020

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Wall Street seems to be shrugging off last months blowout jobs report futures are pointing lowers docHubly lower even though the economy added about a hundred thousand more jobs and expected an unemployment ticked lower Jessica Smith is live at the Labor Department with the latest Jess a two hundred and seventy three thousand non-farm payrolls rose by two hundred and seventy three thousand the unemployment rate is at 3.5% down from three point six percent in January average hourly earnings rose nine cents to twenty eight dollars and 52 cents thats a point three percent increased month-over-month and a three percent increase year-over-year which is in line with expectations the Labor Department said there is no sign that the coronavirus had any impact on this report we did have some revisions to the up side Januarys numbers revised upward by 48,000 jobs to a total of two hundred and seventy three thousand Decembers number also revised upward to one hundred and eighty four thous

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The unemployment rate has varied from as low as 1% during World War I to as high as 25% during the Great Depression. More recently, it docHubed notable peaks of 10.8% in November 1982 and 14.7% in April 2020.
A decade-long economic expansion ended early in 2020, as the coronavirus disease 2019 (COVID-19) pandemic and efforts to contain it led businesses to suspend operations or close, resulting in a record number of temporary layoffs. The pandemic also prevented many people from looking for work.
Total nonfarm payroll employment declined by 140,000 in December 2020, following seven consecutive months of increases. In December, nonfarm employment was below its February level by 9.8 million, or 6.5 percent.
The unemployment rate in April 2020 increased by 10.3 percentage points to 14.7 percent. This is the highest rate and the largest over-the-month increase in the history of the data (available back to January 1948). The number of unemployed persons rose by 15.9 million to 23.1 million in April.
Total nonfarm payroll employment rose by 2.5 million in May, and the unemployment rate declined to 13.3 percent, the U.S. Bureau of Labor Statistics reported today.
There are many reasons for unemployment. These include recessions, depressions, technological improvements, job outsourcing, and voluntarily leaving one job to find another.
By April 2020, the unemployment rate among persistently poor rural counties had more than doubled to a peak of 12.3 percent. However, in other rural counties the unemployment rate had nearly tripled, surpassing the unemployment rate in persistently poor rural counties with a peak of 13.4 percent.

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