Up 25 percent in a week (OC Register).
It appears a record number
of Americans filed unemployment claims this week (CNN).
Service and sales workers, the
very young and the very old are the most vulnerable (FiveThirtyEight).
From another story: Time is of the
essence. Layoffs are happening at an incredible pace across the service
economy. Small-business failures will come just behind them, followed by
mortgages going into arrears, evictions, and eventually the failure of
financial instruments and institutions next. Congress doesn’t know how to
estimate the number of Americans who are going to need assistance shortly
(National Review).
A shocking look at how
restaurants are faring in this mess (FiveThirtyEight).
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