Friday 24 April 2020

USA: 26 Million Unemployment Claims.

That works out to 23% as the unemployment rate, two points shy of the worst figure during The Great Depression. And in terms of numbers, at its height, 15 million Americans were unemployed.

And this greatest depression is only getting started.

But the real deal is more like 30 million, according to at least one estimate.

So sadly, we ain't seen nothing yet.

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