Overall, a grand total of more than 54 million Americans have filed new claims for unemployment benefits during the last 19 weeks. But there were only 152 million Americans working when employment peaked back in February. So how is it possible that 54 million workers have filed initial claims for unemployment benefits so far this year?
Have things really gotten that bad?
Maybe they have. Bloomberg just reported on a recent Census Bureau survey that found that 30 million Americans claim that they did not have enough food to eat during the week that ended on July 21st…
theeconomiccollapseblog We Are Experiencing Economic Devastation On A Scale That America Has Never Seen Before