Retail News

Rolls of unemployed grow to more than 36M

The New York Times 05/14/2020

Nearly three million people filed unemployment claims last week, bringing the two-month total to more than 36 million. “This is a very protracted, painful situation for the labor market,” said Rubeela Farooqi, chief U.S. economist at High Frequency Economics, “and I just don’t see anything positive.”

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