Live Updates: COVID-19 Cases
  • World 19,103,290
    World
    Confirmed: 19,103,290
    Active: 6,134,188
    Recovered: 12,255,409
    Death: 713,693
  • USA 4,991,802
    USA
    Confirmed: 4,991,802
    Active: 2,287,045
    Recovered: 2,542,822
    Death: 161,935
  • Brazil 2,873,304
    Brazil
    Confirmed: 2,873,304
    Active: 754,975
    Recovered: 2,020,637
    Death: 97,692
  • India 2,021,407
    India
    Confirmed: 2,021,407
    Active: 605,360
    Recovered: 1,374,420
    Death: 41,627
  • Russia 871,894
    Russia
    Confirmed: 871,894
    Active: 180,931
    Recovered: 676,357
    Death: 14,606
  • South Africa 529,877
    South Africa
    Confirmed: 529,877
    Active: 143,313
    Recovered: 377,266
    Death: 9,298
  • Mexico 456,100
    Mexico
    Confirmed: 456,100
    Active: 101,694
    Recovered: 304,708
    Death: 49,698
  • Peru 447,624
    Peru
    Confirmed: 447,624
    Active: 120,966
    Recovered: 306,430
    Death: 20,228
  • Chile 366,671
    Chile
    Confirmed: 366,671
    Active: 16,614
    Recovered: 340,168
    Death: 9,889
  • Spain 352,847
    Spain
    Confirmed: 352,847
    Active: 324,348
    Recovered: ?
    Death: 28,499
  • Iran 320,117
    Iran
    Confirmed: 320,117
    Active: 24,678
    Recovered: 277,463
    Death: 17,976
  • UK 308,134
    UK
    Confirmed: 308,134
    Active: 261,721
    Recovered: ?
    Death: 46,413
  • Saudi Arabia 284,226
    Saudi Arabia
    Confirmed: 284,226
    Active: 34,082
    Recovered: 247,089
    Death: 3,055
  • Pakistan 281,863
    Pakistan
    Confirmed: 281,863
    Active: 19,770
    Recovered: 256,058
    Death: 6,035
  • Bangladesh 249,651
    Bangladesh
    Confirmed: 249,651
    Active: 102,521
    Recovered: 143,824
    Death: 3,306
  • Italy 249,204
    Italy
    Confirmed: 249,204
    Active: 12,694
    Recovered: 201,323
    Death: 35,187
  • Turkey 236,112
    Turkey
    Confirmed: 236,112
    Active: 10,822
    Recovered: 219,506
    Death: 5,784
  • Germany 214,494
    Germany
    Confirmed: 214,494
    Active: 9,046
    Recovered: 196,200
    Death: 9,248
  • France 194,029
    France
    Confirmed: 194,029
    Active: 81,558
    Recovered: 82,166
    Death: 30,305
  • Canada 118,187
    Canada
    Confirmed: 118,187
    Active: 6,437
    Recovered: 102,788
    Death: 8,962
  • China 84,528
    China
    Confirmed: 84,528
    Active: 837
    Recovered: 79,057
    Death: 4,634
  • Netherlands 56,982
    Netherlands
    Confirmed: 56,982
    Active: 50,829
    Recovered: ?
    Death: 6,153
  • Australia 19,890
    Australia
    Confirmed: 19,890
    Active: 8,694
    Recovered: 10,941
    Death: 255
  • S. Korea 14,499
    S. Korea
    Confirmed: 14,499
    Active: 696
    Recovered: 13,501
    Death: 302
  • New Zealand 1,569
    New Zealand
    Confirmed: 1,569
    Active: 23
    Recovered: 1,524
    Death: 22

Unemployment rate falls to 13.3%, the US adds 2.5 million jobs

Author at TechGenyz Insights
Rate Of Unemployment
The Photograph Represents The Rate Of Unemployment.

The US unemployment rate fell to 13.3% in May from 14.7%, and 2.5 million jobs were added a surprisingly positive reading in the midst of a recession that has paralyzed the economy in the wake of the viral pandemic.

The May job gain suggests that businesses have quickly been recalling workers as states have reopened their economies.

Other evidence has also shown that the job market meltdown triggered by the coronavirus has bottomed out. The number of people applying for unemployment benefits has declined for nine straight weeks. And the total number of people receiving such aid has essentially leveled off.

The overall job cuts have widened economic disparities that have disproportionately hurt minorities and lower-educated workers. Though the unemployment rate for white Americans was 12.4% May, it was 17.6% for Hispanics and 16.8% for African-Americans.

Even with the surprising gain in May, it may take months for all those who lost work in April and March to find jobs. Some economists forecast the rate could remain in double-digits through the November elections and into next year.

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