U.S. UNEMPLOYMENT CLAIMS: 3.283 MILLION

March 26th, 2020

It’s as if the U.S. had been hit with a nuke, minus the mushroom cloud, over what amounts to a scam.

See: 12 Experts Questioning the Coronavirus Panic

Whatever this is, it makes 9/11 look like Tiddlywinks.

Via: Yahoo Finance:

The COVID-19 pandemic is wreaking havoc on the U.S. economy, and data released Thursday morning reflected the severe damage being done to the labor market.

The number of Americans filing for unemployment benefits skyrocketed to a record-breaking 3.283 million for the week ended March 21. Consensus expectations were for 1.64 million claims. The previous record was 695,000 claims filed the week ended October 2, 1982. Initial jobless claims for the week ended March 14 was revised higher to 282,000 from 281,000 and was the largest single-week increase since the Great Recession.

More: “What we are now witnessing is completely unprecedented”

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One Response to “U.S. UNEMPLOYMENT CLAIMS: 3.283 MILLION”

  1. Dennis says:
    March 26, 2020 at 5:58 pm

    Same thing in Australia.

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