, as businesses shut down to limit the spread of coronavirus.
While talk of reopening the economy is growing and some states are beginning to loosen restrictions, companies continue to lay off and furlough their workers. Consumer behavior and demand has changed, and economists don't expect people to revert to old habits even after shelter-in-place orders come to an end.
The hospitality and travel sectors, for example, are likely to be affected far longer than other sectors, and those jobs are unlikely to bounce back. As if the coronavirus crisis wasn't enough, oil markets have broken down this week. Prices for the commodity are now so low thatThe US Department of Labor will report jobless claims for the week ending on April 18 at 8:30 am ET.
Keep everything closed.
If the Dem’s can just keep this Virus going.....Maybe this will be the One thing that can take down the President....God knows they have Tried everything else. Only one problem....It Ain’t Going To Happen !! Trump 2020 !!
Recession or depression. It's not going to be pretty. How long it lasts will depend largely on how well our state and federal government manages the crisis.
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Source: Forbes - 🏆 394. / 53 Read more »