US gross domestic product estimates have also been used to project what may happen with job losses, Heidi Shierholz, a senior economist at the Economic Policy Institute, told Business Insider.
"As their forecasts have deteriorated, our jobs numbers have deteriorated," said Shierholz. "I wonder if it makes us look weird," she said. "But that's what we're doing, and that's where it is now." Economists are also dealing with the same shift facing the majority of Americans — working from home, away from the usual office spaces and closer to family.
"I have spent a lot more time hearing about and thinking about the medical side of this," Jason Thomas, chief economist at AssetMark, told Business Insider. "I've been more frustrated with the medical side, the guidance," he said. "I come at this with a huge amount of humility as anyone should," said Shierholz. "These numbers have been a moving target."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
No, I don't sleep at an All African American Homeless Shelter. I don't see THE TRUTH. And what is the truth? About African Americans.....
Could be worst if second wave
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the French Riviera enclave with private coronavirus testing - Business InsiderInside the billionaires' compound on the French Riviera that set up its own private testing center while the rest of the country struggles to obtain coronavirus tests Free the underage sex slaves that were manipulated by most of billionaire row.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Community, the invite-only texting app for influencer marketing - Business InsiderInfluencers reveal what it's like to use the invite-only marketing app Community that lets them text message with their fans SAI Sounds like pretentious bullshit SAI what the hell is this dinglberry minion doing holding a corona infected meat slab
Source: BusinessInsider - 🏆 729. / 51 Read more »
Former SBA employees: Why it's hard for small businesses to get loans - Business Insider'Companies that need the money can't get it:' Former Small Business Administration officials say that the disaster loan application process has always been stacked against small businesses
Source: BusinessInsider - 🏆 729. / 51 Read more »
Less than half of US workers will have a wage in May, economist says - Business InsiderLess than half of working Americans will have a paycheck in May as devastating coronavirus layoffs persist, economist says And roll that observation into the background of average American family unable to come up with $500 in cash and highest consumer debt since 2008
Source: BusinessInsider - 🏆 729. / 51 Read more »
Epic CEO Judy Faulkner on how coronavirus will change US healthcare - Business InsiderBankruptcies, tech-savvy doctors, and data for the greater good: The CEO of health-tech giant Epic shares her predictions for how US healthcare will change after the coronavirus
Source: BusinessInsider - 🏆 729. / 51 Read more »