Chart of the Week: What industries are most impacted by the economic shutdown due to coronavirus?
- What 3 industries had the largest NUMBER of unemployed persons in April?
- What 3 industries have the LOWEST unemployment rates in April? Why do you think those industries were least impacted by the coronavirus?
- In analyzing the change in unemployment rates between March and April, do you think this pandemic has impacted narrow sectors of the economy or had more widespread impact?
- The report indicates that about 80% have identified themselves as being temporarily unemployed, which industry sectors do you think will come back fastest? slowest?
Looking for more charts of the week pulled from today's headlines? Check out our latest 30.
About the Author
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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