Despite recent tweets from Donald Trump about the economy, the National Bureau of Economic Research announced that the United States has officially been in an economic recession since February. While critics argue that a recession is based on two consecutive months of economic decline, the NBER, which serves as the …
Read More »A Record 3.3 Million Americans Have Filed For Unemployment As Covid-19 Slams U.S. Economy
The staggering numbers are in. 3.3 million people filed claims for unemployment in the United States in last week alone, as the Covid-19 pandemic shut down large parts of America’s economy. According to the Washington Post, the labor department provided the number of new jobless claims filed by individuals seeking …
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