More than 3 million Americans filed for unemployment last week, according to new data released Thursday.
The massive spike in new jobless claims comes as nationwide lockdowns to halt the spread of the coronavirus pandemic have kept Americans from their workplaces, grinding businesses to a halt and forcing many companies to shutter or to lay off staff. Just 282,000 people filed for unemployment in the previous week, before lockdowns began, according to the Department of Labor.
Thursday's numbers are just"the tip of the iceberg," Diane Swonk, chief economist at Grant Thornton, said as she noted that these figures do not even include data from this week.Sign Up
sprbrighting And how are these people going to sign up,when no matter when you can day or late at night, you get a sorry,please try again.
And the stock market shoots up.
Trump economy is fragile and fake. Would have never happened if DEM were governing. We had more people die from HiN1 under O and the economy didn’t collapse.
Stop airing trump on his press conferences! He lies!
In one week. More this week.
TrumpEconomy hit by ChinaVirus
We are f*cked.
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