Unemployment through the roof. Last week there were 280K unemployment claims, we are expecting about three million now. The number will be published at 8:30 a.m. EDT...
This is gonna be massive.
That number would be well above the levels seen during the darkest days of the Great Recession, and the worst isn't over yet, they say.
The crisis has cut a giant swath through the energy, travel, transportation, hotel and restaurant sectors, with large and small companies suddenly forced to furlough employees.
https://www.npr.org/2020/03/26/821580191/unemployment-claims-expected-to-shatter-records