Economist: Next week's jobless claims could hit 2 million as coronavirus halt slams labor market

  • 📰 CNBC
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

'It looks to me like the order of magnitude in most states seems to be about 10 times higher than the normal weekly numbers before the crisis,' said Pantheon Macroeconomics' Ian Shepherdson.

Shepherdson's comments came ahead of this Thursday's release of the Labor Department's weekly report jobless claims.

." "That means next week's jobless claims number could jump 200,000-something this week to two million next week."

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:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

ThxCDCandMedia

2008 bailout did not help the real victims homeowners who communities are still redline! 2020 coronavirus will strain local governments after this 🦠 defeat!! Local government must balance a budget! cleveland firstdayofspring

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines