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What will the US employment to population ratio be in May 2020?

Question

In April 2020, the US unemployment rate jumped from 4.4% to 14.7%. Some reports indicate that because of labor force drop out and temporary furloughs, this understated the damage to the economy.

One alternative metric is the ratio of employed persons to population, which the BLS reports at the same time as the unemployment rate.

Resolution will be based on the BLS numbers reported on June 5th. If the BLS does not report numbers by June 12th, this will resolve ambiguous.

Categories:
Economy – US

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