More than 1.5 million file new jobless claims in first week of June | TheHill

More than 1.5 million Americans filed new claims for unemployment benefits during the first week of June, according to Labor Department data released Thursday. More than 40 million Americans have filed new claims for unemployment benefits since March, and the economy had lost more than 21 million jobs before May's reversal Even so, nearly 300,000 Americans … Continue reading More than 1.5 million file new jobless claims in first week of June | TheHill

Nobody Ever Imagined That The Job Losses Would Get This Bad So Quickly

If you tried to warn people in late 2019 that about 40 million Americans would lose their jobs by the middle of 2020, nobody would have believed you.  .... Even though I have been loudly warning that this sort of an economic crisis was coming, I never imagined that we would lose so many jobs … Continue reading Nobody Ever Imagined That The Job Losses Would Get This Bad So Quickly