Over 30 Million Americans Have Lost Their Jobs
In The Last Six WeeksIn the last week 3.839 million Americans filed for unemployment benefits for the first time.
That brings the six-week total to 30.31 million, which is over 12 times the prior worst five-week period in the last 50-plus years.
And of course, last week’s “initial” claims and this week’s “continuing” claims… the highest level of continuing claims ever.
Source: Bloomberg