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Migration Dialogue provides timely, factual and nonpartisan information and analysis of international migration issues through five major activities: the newsletters Migration News and Rural Migration News, Changing Face and other Research & Seminars, and the Sloan West Coast Program on Science and Engineering Workers.
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After adding jobs for 113 consecutive months, employment fell by 701,000 in March 2020 and the unemployment rate rose from a 50-year low of 3.5 percent in February 2020 to 4.4 percent in March 2020. Between 2010 and 2020, the US added 22 million jobs, recouping the almost nine million lost during the 2008-09 recession and more.
The coronavirus quickly reversed economic and job growth. Consumer spending accounts for 70 percent of US economic activity, and as consumers stayed home, spending declined and workers were laid off. Almost 17 million people applied for unemployment insurance (UI) benefits during the first three weeks after stay-at-home orders were issued in mid-March 2020, and the unemployment rate for April 2020 is expected to top 10 percent.