Coronavirus Impact on U.S. Labor Pool: 10 Million Jobs Lost … and Counting

Apr 2nd 2020 11:00am EDT

Today’s new weekly unemployment claims report was worse than even the most pessimistic estimates from labor analysts. With most analysts expecting approximately 3.5 to 4 million new unemployment claims—the worst among them predicting 6.5 million—the U.S. Bureau of Labor Statistics reported 6.648 million new jobless claims. The bureau also revised last week’s record-shattering claims report […]

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