10 million file jobless claims

Last week, a devastating 6.6. U.S. employees filed for unemployment benefits. Such high numbers translate to massive burdens placed on the economy, reminiscent of the 2008 Great Recession. Moreover, self-employed workers are not included within these figures, then suggesting that these figures are even higher than already estimated.

Experts warn that the worst is even yet to come - further immense losses await down the line and the already burgeoning crisis is more situated at its beginning than its end.

Source:

https://www.politico.com/news/2020/04/02/unemployment-claims-coronavirus-pandemic-161081

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