Week 25 of U.S. Labor Market Collapse – 18 Percent Of Labor Force Is On Unemployment | Wolf Street

Continued unemployment claims rise for second week, to 29.6 million, worst since Aug 1, meaning 18.4% of labor force is on unemployment insurance. State & federal initial claims jumped to 1.7 million in the week (not seasonally adjusted).

Unemployment Crisis Going in Wrong Direction: Week 25 of U.S. Labor Market Collapse | Wolf Street