IPFS News Link • Economy - Recession-Depression
About One-Fifth Of All The Jobs In The U.S. Are Already Gone...
• theeconomiccollapseblog.com, by Michael SnyderOn Thursday, we learned that another 3.8 million Americans filed initial claims for unemployment benefits last week. That was much higher than many experts were anticipating, because by now the initial surge of unemployment caused by the coronavirus lockdowns should have started to fade quite a bit. But instead, the job loss tsunami continues to roll on, and at this point a total of 30.3 million Americans have filed new claims for unemployment benefits over the past six weeks. The following comes from ABC News…
Roughly 30.3 million people have now filed for jobless aid in the six weeks since the coronavirus outbreak began forcing millions of employers to close their doors and slash their workforces. That is more people than live in the New York and Chicago metropolitan areas combined, and it's by far the worst string of layoffs on record.




