The Economic Damage From The Coronavirus Recession In Five Numbers (It’s Not Just A Stock Market Problem)

... [+]As markets wrap up another volatile week, here are five numbers that sum up how the American economy is faring during the coronavirus crisis. in the last two weeks alone, based on Labor Department data on weekly unemployment claims, as the full effect of the coronavirus outbreak begins to hit the labor market.

For the week ending March 28, jobless claims soared to 6.6 million—the highest level ever recorded in a single week. For some perspective, the previous record was 695,000 in 1982. In one week in March 2009, during the height of the financial crisis, claims reached 665,000.A memo from the House Ways and Means Committee this week suggested that those Americans who don’t receive their

theothersarahh 1 - the number of people who flew today 8 trillion - the number of lost jobs 95% - percentage of people in Oklahoma who’d have to die before the governor took it seriously 1824 - the last time our GDP was this weak $12 - cost to take a cruise next year

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Global Stocks Edge Lower as Oil Prices JumpBrent crude, the global gauge of oil prices, jumps over 10% after the news that OPEC and its allies are planning to discuss Monday reducing production by at least 6 million barrels a day 'Low energy prices also may have the impact that years of U.S. sanctions & pressure have not'. National Interest. It impacts fracking, Petro$, 23Tr. Debt, US-China trade. A domino that holds everyone to support USD as a Reserve and cushions us to painlessly run Tr.$ deficits
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »