SHOCKING CHART: 3.2 million jobless claims in one week from coronavirus

This chart of today’s 3.2 million jobless claims speaks for itself. Shocking. This chart goes back to 1967. The grey areas show recessions and nothing even close in terms of past recessions. Below are some links with more commentary.

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Reference:

– St. Louis Fed chart of jobless claims 1967-2020

– March 26, 2020 Jobless Claims Department of Labor