Full-time employees - unadjusted monthly number in the U.S. June 2020
As of June 2020, there were 120.17 million full-time employees in the United States. This is a significant decrease from June 2019, when there were 131.54 million full-time employees.
In December 2019, an infectious disease classified as COVID-19 first started in Wuhan, China. Since being classified as a pandemic, it has caused a global health crisis that has taken the lives of over 393,000 people worldwide so far. The COVID-19 pandemic has consequently changed every facet of society, most significantly, the economy. As a result of many businesses across all industries being forced to shut down, many employees have been laid off. Unfortunately, the nationwide unemployment rate went from 4.4 percent in March 2020 to 14.7 percent the following month, the highest since World War II.
As a result of the COVID-19 pandemic and the large number of jobs lost, many residents in the United States have filed for unemployment. The United States government has issued relief checks worth 1,200 U.S. dollars to American adults who make less than 100,000 U.S. dollars in order to help alleviate any financial burdens caused by the virus. Additionally, the amount of money allocated weekly to those filing for unemployment benefits has also increased by 600 U.S. dollars a week through the end of July 2020.
The impact COVID-19 on employment
In December 2019, an infectious disease classified as COVID-19 first started in Wuhan, China. Since being classified as a pandemic, it has caused a global health crisis that has taken the lives of over 393,000 people worldwide so far. The COVID-19 pandemic has consequently changed every facet of society, most significantly, the economy. As a result of many businesses across all industries being forced to shut down, many employees have been laid off. Unfortunately, the nationwide unemployment rate went from 4.4 percent in March 2020 to 14.7 percent the following month, the highest since World War II.
Unemployment benefits
As a result of the COVID-19 pandemic and the large number of jobs lost, many residents in the United States have filed for unemployment. The United States government has issued relief checks worth 1,200 U.S. dollars to American adults who make less than 100,000 U.S. dollars in order to help alleviate any financial burdens caused by the virus. Additionally, the amount of money allocated weekly to those filing for unemployment benefits has also increased by 600 U.S. dollars a week through the end of July 2020.
