As was reported this morning by CNN – another 6.648M Americans are newly unemployed. My mind quickly went to, “What is the updated unemployment percentage?” As the newscast did not mention this number.
- The federal government doesn’t calculate it weekly, just monthly
- So I approximated it at 9.6%
Assumptions in the approximation:
- No one unemployed the prior week found a job
- Without seasonally adjusted numbers calculations


- Sources:
- https://www.dol.gov/ui/data.pdf (yellow highlighted number)
- https://www.bls.gov/news.release/empsit.a.htm (blue highlighted numbers)