U.S. unemployment rate may have been higher than it appeared in February 2021, perhaps more than double its level a year ago

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April 13, 2021

U.S. labor market inches back from the COVID-19 shock, but recovery is far from complete

U.S. unemployment rate may have been higher than it appeared in February 2021, perhaps more than double its level a year ago

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U.S. unemployment rate may have been higher than it appeared in February 2021, perhaps more than double its level a year ago

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U.S. labor market inches back from the COVID-19 shock, but recovery is far from complete
During COVID-19 pandemic, employment fell by more than 10% among low-wage workers
Black and Hispanic workers continue to face higher unemployment rates than other workers
In February 2021, the unemployment rate for women and men was about 10%, adjusting for labor force exits
Labor force participation fell more among Hispanic and Black women in the first year of the pandemic
COVID-19 pandemic caused a sharp one-year decrease in labor force participation among women and men

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