Dr. Perryman reacts to the Federal Reserve's latest unemployment projections.
It has been revealed that the Bureau of Labor statistics released some unemployment statistics for the previous few months that are incorrect. Dr. Perryman explains why this is not an indication of whether the organization is reliable.
About 80% of people who lost their jobs because of the pandemic anticipate returning to work. Dr. Perryman breaks down why this is a common sentiment.
Unemployment numbers point to various other difficulties within the economy in the midst of the COVID-19 pandemic.
While some are drawing comparisons between current unemployment numbers and those of the Great Depression, Dr. Perryman explains that there are fundamental differences in the two situations.