A Massive Surge Of Unemployment Like America Has Never Seen Before

A Massive Surge Of Unemployment Like America Has Never Seen Before

In Louisiana, things are even worse.  If you can believe it, the number of people filing for unemployment benefits is more than 40 times higher than usual

In Louisiana alone, 71,000 people filed new unemployment applications last week, compared to the usual 1,400 or 1,500 people per week, said state labor secretary Ava Dejoie.

Louisiana has one of the highest per capita counts of coronavirus cases in the U.S. Democratic Gov. John Bel Edwards has ordered nonessential businesses to close, limited restaurants to takeout and delivery, banned gatherings over 10 people and directed residents to remain at home.

And in California, Governor Gavin Newsom says that a million residents of his state have filed for benefits “just since March 13”

At this point nobody is quite sure what to expect, but most forecasts are ranging between one million and four million

via theeconomiccollapseblog A Massive Surge Of Unemployment Like America Has Never Seen Before