Updated: Initial jobless claims as number 1/2
as % of labor force 2/2
both the absolute number and version scaled by labor force are useful
scaling by labor force is better for comparisons over time, but 4% of the workforce is a little abstract
Over 6 million jobless, about the population of Missouri, might give a better sense of the scale
scaling by labor force is better for comparisons over time, but 4% of the workforce is a little abstract
Over 6 million jobless, about the population of Missouri, might give a better sense of the scale