Job losses
I hope people had savings...its gonna get rough out there.
From CNBC:
The coronavirus crisis is likely to result in layoffs on a scale that the U.S. has never seen before.
Economists expect April to be the first reporting month when the damage starts to show up.
Forecasts for that month range from 500,000 to 5 million.
The worst month during the financial crisis saw nonfarm payrolls decrease by 800,000.
Weekly jobless claims numbers are expected to be so bad that the White House has reportedly asked state officials to delay releasing precise counts.
Add Comment
Let's Glow!
Achieve your health goals from period to parenting.