Multi-sector How are Google searches for unemployment evolving in the US?
With the Covid-19 pandemic leading to a historically large number of jobless claims in the US, Google search interest in unemployment remains high.
- US searches for unemployment peaked on March 30 at 22x the level at the beginning of February.
- Search interest tends to fall on weekends: on Sunday, April 5 it was 14x the early February level, while the previous Sunday it was 13x.
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US Search Interest in Unemployment: Multiples Increase vs. 1-Feb-20
Source: UBS Evidence Lab, Google
US Search Interest in Unemployment: Multiples Increase vs. 1-Feb-20
Source: UBS Evidence Lab, Google
