Posts with tag 'Unemployment'

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April
20

The Pain of Unemployment: It Will Be Deep, But Not for Long

April 20th, 2020 by Wes Atiyeh

There are two crises in this country right now: a health crisis that has forced everyone into their homes and a financial crisis caused by our inability to move around as we normally would. Over 20 million people in the U.S. became instantly unemployed when it was determined that the only way to defeat this horrific virus was to shut down businesses across the nation. One second a person was gainfully employed, a switch was turned, and then the room went dark on their livelihood.

The financial pain so many families are facing right now is deep.

How deep will the pain cut?

Major institutions are forecasting unemployment rates last seen during the Great Depression. Here are a few projections:

Goldman Sachs – 15%

Click Here to Read More...

Categories: Economic Impact

Tags: Rva, Economics, Unemployment

Posts with tag 'Unemployment'

The Pain of Unemployment: It Will Be Deep, But Not for Long

How deep will the pain cut?

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