After one month of coronavirus lockdown, more than 50% of Los Angeles is now unemployed - Business Insider

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Less than half of Los Angeles residents are still working and ethnic minorities are being hit the hardest by coronavirus job losses

People queue to pick up fresh food at a Los Angeles Regional Food Bank giveaway of 2,000 boxes of groceries, as the spread of the coronavirus disease continues, in Los Angeles, California, U.S., April 9, 2020.More than half of Los Angeles workers are now unemployed, according to a national survey.found that only 45% of LA residents are still employed — down 16% since mid-March.

"In LA, there was a certain level of insecurity to begin with, and it has increased a little bit more than it has in the national average," USC's Jill Darling, survey director for the Understanding America Study, The research also found that ethnic minorities had been hit hardest by job losses across the country, with 15% of white people saying they had lost their jobs, while 18% of Latinos and 21% of black people reported job losses.A woman carries away fresh food at a Los Angeles Regional Food Bank giveaway of 2,000 boxes of groceries, as the spread of the coronavirus disease continues, in Los Angeles, California, U.S., April 9, 2020.

 

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'When America catches a cold, people of color catch pneumonia'.

I'm angry because Covid19MadeInChina hurt us all! coronavirusaustralia Coronavirus COVID19

Notice that the employment is only down 15% in March — meaning that only 60% of LA residents worked before this ChineseVirus. This is a perfect example of Democrat-ran city.

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Exclusive: Hedge fund Elliott says stocks could fall 50% from February highs - letterBillionaire Paul Singer’s Elliott Management said global stocks could tumble more -- ultimately losing half of their value from February's high -- as the world braces for the deepest recession since the 1930s-era Great Depression, according to a letter sent to clients on Wednesday and reviewed by Reuters. Someone is shorting the market. * so many tears * frankieknuckles The U.S. stock market has been riding high with easy money for at least 5 years.-I wouldn't be surprised.
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