Friday, June 5, 2020

WP: Economists predicted 20 percent unemployment in May. How did they get it so wrong?

Economists predicted 20 percent unemployment in May. How did they get it so wrong? https://www.washingtonpost.com/business/2020/06/05/unemployment-rate-wrong/

Official release https://www.bls.gov/news.release/pdf/empsit.pdf

Employment Situation https://us.econoday.com/byshoweventfull.asp?fid=509584&cust=us&year=2020&lid=0&prev=/

CNN: May's unemployment numbers were shocking. Here's how everyone got it so wrong https://www.cnn.com/2020/06/05/economy/unemployment-rate-us-explained/index.html

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