(13 April 2020)  The number of unemployed workers in the United States has increased by almost 17 million since mid-March, according to the US Department of Labor, which will push the US unemployment rate into the range of 10% to 15% in April. A closer examination of daily employment data for hourly US workers and the activity of local businesses courtesy of Homebasewhich provides employee scheduling and time tracking services—suggests that the situation on the ground could be even worse than official employment figures indicate.

  • In a survey of hourly workers conducted by Homebase, 75% of employees that had work in January 2020 are not working now.
  • Almost 70% of covered local businesses are not operating.
  • Hourly workers, who account for 59% of total US non-farm employment, lose a combined total income of $75 billion each month.

Coronavirus Data and Insights

Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China — confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more.

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