CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: The upcoming job losses will be unlike anything the US has ever seen Wed Mar 25, 2020 7:47 pm | |
| The coronavirus crisis is likely to result in layoffs on a scale that the U.S. has never seen before. Economists expect April to be the first reporting month when the damage starts to show up. Forecasts for that month range from 500,000 to 5 million. The worst month during the financial crisis saw nonfarm payrolls decrease by 800,000. Weekly jobless claims numbers are expected to be so bad that the White House has reportedly asked state officials to delay releasing precise counts.
https://www.cnbc.com/2020/03/20/the-upcoming-job-losses-will-be-unlike-anything-the-us-has-ever-seen.html |
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