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The unemployment ratio plunged to 52.8 percent in May, according to the Bureau of Labor Statistics.
That number represents employed people as a percentage of the U.S. adult population. It takes into account adults not in the labor force, and people who are discouraged about the prospects of finding a job. This is different than the weekly jobs report, which only looks at people actively looking for a job.
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This segment aired on June 30, 2020.
